Global financial regulators are currently reflecting on the nature of the insurance business. Specifically, they are … trying to classify insurance into "traditional" and "non-traditional" activities, and to distinguish them from "non-insurance … international finance is "what is insurance and where does insurance end?" This paper aims to elaborate on the economics of …

Using a sample of 50 countries during 2000-2008, this study investigates the possible impact of insurance regulations … on life insurance consumption. The evidence reveals a negative and statistically significant association between … supervisory control of the policy conditions of life annuities and pension products and life insurance consumption. A similar …

Homeowners’ insurance provides households financial protection from climate losses. To improve access and affordability …, state regulators impose price controls on insurance companies. Using novel data, we construct a new measure of rate setting … overcome pricing frictions by cross-subsidizing insurance across states. We show that in response to losses in high friction …

macroprudential insurance regulation. …

This paper provides a rationale for the macro-prudential regulation of insurance companies, where capital requirements … optimal regulation may be implemented by capital regulation (similar to that observed in practice, e.g., Solvency II ) and by … actuarially fair technical reserve. However, these instruments are not sufficient when insurance companies are exposed to systemic …

and insurance liability risks affect insurance prices and regulation. In the unique equilibrium of the benchmark … how regulation influences insurance prices and insurer capitalization …We develop a general equilibrium model of competitive insurance and equity capital markets to show how aggregate asset …

transactions of non-agency RMBS by insurance companies from 2006 to 2009, we show that insurance companies that became more capital … at much lower prices than other insurance companies during the crisis …

of insurance regulation in this relationship. We base our analysis on a theoretical model as well as a panel regression … insurance regulation in recent years. The theoretical results indicate that a loss experience should have a less positive effect … in developing economies than in developed economies. In addition, an enhancement of insurance regulation should make the …

Data, a growing concern is that insurance companies can use proxies or develop more complex and opaque algorithms to … indirect discrimination can be tolerated without restrictions. This paper aims to establish the linkage among various insurance … regulations with a special focus on indirect discrimination of general insurance in the US. Next, we summarize different …