We identify the climate risk exposure of U.S. commercial banks and assess its financial materiality. Climate risk is … performance and lower stock returns, but stronger ESG performance mitigates these adverse effects. Further, bank ESG performance …

Using Indian bank-level data, we examine the cross-sectional returns predictability for banking stocks in view of the … model alongside bank-specific conditioning information in the form of asset quality variables, operational efficiency …

disclosures of Taiwanese insurance companies during the period 2011–2014 and find a positive relationship between the absolute … periods. In addition, because the risk management committee is responsible for formulating and implementing the risk … management policies of an insurance company, we predict and find that the informativeness of the uncertainty analysis disclosure …

(MSEP) of the one-year uncertainty related to the premium and Unearned Premium Reserve (UPR) risk (as defined according to …

This paper provides an overview of research and debate over whether insurance poses systemic risk, with a focus on U ….S. life insurance. It considers the Financial Stability Oversight Council (FSOC) process for designating nonbank financial … adverse consequences of designating individual insurance entities for enhanced supervision, which favor an alternative …

risk-taking and welfare may be reduced by the introduction of index insurance if the premium is set too high. If the formal …Moral hazard and adverse selection impede the development of formal crop insurance markets in developing countries …. Besides, the risk mitigation provided by informal risk-sharing arrangements is restricted by their inability to protect …

to longevity risk and financial risks. Liabilities are evaluated at fair-value. Interest-rate risk can affect both assets … and liabilities. Longevity risk is described via a continuous-time cohort model. We evaluate the impact of different …. Numerical simulations, calibrated to UK historical data, show that systematic longevity risk is particularly important in the …

strong positive relation between consolidation in the insurance industry and moderate systemic risk in the insurance and …This paper is the first to examine the effects of consolidation in the international insurance industry on the … acquirers' contribution to systemic risk. We analyze a sample of 394 international domestic and cross-border mergers and find a …