Rauch, Jannes; Wende, Sabine - In: The Geneva Papers on Risk and Insurance - Issues and … 40 (2015) 1, pp. 47-65
The financial crisis of 2008 generated sizeable losses in the financial sector around the world. Because regulators are used for predicting insurers’ financial strength in order to detect financially distressed firms as early as possible, we question how reliably regulators can forecast...