management) may depend on their access to capital markets. The property-casualty insurance industry has two features that make it …

risky investment, underwriting, reinsurance, and hedging; and (ii) the allocation of risk across all of these opportunities …

We develop an agent-based simulation of the catastrophe insurance and reinsurance industry and use it to study the … problem of risk model homogeneity. The model simulates the balance sheets of insurance firms, who collect premiums from … their investors and use either reinsurance contracts or cat bonds to hedge their tail risk. The model generates plausible …

The property catastrophe reinsurance industry faces a major challenge. Since 1989, climatic volatility has produced … financial approaches that bring the insurance industry closer to the securities industry. This article discusses the new …

The purpose of the paper is to provide some support to the thesis that insurance may reduce the cost of capital in a … insurance as a retrospective (post-loss) risk financing tool and the risk transfer mechanism upon it. As the risk financing tool … insurance reduces the need for the balance-sheet capital in a company and thus the financial distress costs. Also, insurance may …

The purpose of the paper is to provide some support to the thesis that insurance may reduce the cost of capital in a … insurance as a retrospective (post-loss) risk financing tool and the risk transfer mechanism upon it. As the risk financing tool … insurance reduces the need for the balance-sheet capital in a company and thus the financial distress costs. Also, insurance may …

This paper documents that the bond investments of insurance companies transmit shocks from insurance markets to the … real economy. Liquidity windfalls from household insurance purchases increase insurers' demand for corporate bonds …

The researchers aim to examine the firm-specific variables that impact the financial performance of general insurance … firms in India. The study's scope is limited to India's insurance industries from 2010-2011 to 2019-2020. The research … considers 21 insurance firms in India out of 35 general insurers. We obtain statistical data from the financial statements of …

The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time …