improve Solvency II regulation by aligning it with more sophisticated European regulation that is already in place for mutual …

all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We …-up allows governments to avoid re-funding moneyloosing firms and that welfare is larger than under traditional regulation where …

regulation. To identify the effect of digital technology on regulatory compliance costs, we leverage a quasi-experimental policy … policy form and rate filing information. We find that digitization lowers the costs of complying with regulation. The average …

The extent of regulation of insurance companies has grown significantly in recent decades. The ‘freedom with publicity …. Arguments that are given today for prudential regulation of insurers tend to be spurious or not well founded. Much government … regulation of insurance companies is unlikely to achieve its declared objective and might even encourage problematic behaviours …

arrangements in designing its legal treatment. Such case-by-case regulation is likely to generate rules that are more equitable and … efficient. We offer a multifactor framework for implementing this “regulation by analogy.” …