Does a catastrophe bond issue increase the insurance firm value to shareholders? By issuing such bonds, insurance … literature argues that hedging activities can increase a firm's value to shareholders, by reducing costs associated with agency … size on the firm's value, and a positive impact of the insurance firm's securitization experience. Our findings offer …

Securitization offers a range of benefits for Asiaâ s financial systems and economies as a mechanism to assist funding … and investment. As a form of structured finance, reliable and efficient securitization can assist development by enabling …, however, that there are both overt and more subtle risks in certain uses of securitization. The credit and liquidity crisis …

substantially, reflecting a change in the nature of the financial intermediation process. Together with increased securitization of … portfolio of assets, have also become more relevant. As a result, the volume of securitization, although traditionally … associated with credit markets, influences the outcomes of other asset markets. We investigate the link between securitization …

HP shareholders have benefited from such a merge. Using a modified two factor model, market capitalization and book to … market value were found not to add significant value to the shareholders' post-merger returns. Earnings Per Share (EPS) and … picking up in later years. While higher post-merger EPS suggest shareholders from the target firm tend to have benefited more …