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We model and measure simultaneous large losses of the market value of insurers to understand the impact of shocks on the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since reinsurance is important for the capacity of insurers, we measure risk dependence among European insurers and ...
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IS THE INSURANCE SECTOR AT RISK?
Business Strategy Review, 2014In the wake of the financial crisis, the insurance sector has been overlooked. Ralph SI Koijen and Motohiro Yogo shed new light on the rise of shadow insurance and increasing risk levels in American life insurance ...
Ralph SJ Koijen, Motohiro Yogo
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Systemic Risk and the U.S. Insurance Sector
SSRN Electronic Journal, 2011AbstractThis article examines the potential for the U.S. insurance industry to cause systemic risk events that spill over to other segments of the economy. We examine primary indicators of systemic risk as well as contributing factors that exacerbate vulnerability to systemic events. Evaluation of systemic risk is based on a detailed financial analysis
J. David Cummins, Mary A. Weiss
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Whistleblowers in the insurance sector
Prawo AsekuracyjneThe Whistleblower Protection Directive was enacted with the aim of creating structured mechanisms and procedures for whistleblowing, which can both concern non-compliance with the law and attempts to circumvent it. The implementation of the Directive into the national legal order in the form of a whistleblower law is intended to increase the ...
Dominika Wolf, Karolina Kosieradzka
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AbstractThis article analyzes Hungary's insurance sector as an important part of the country's economic transition from a centrally planned economy to a market economy. It details the historic economic development of the Hungarian insurance market from a state monopoly to a competitive insurance market where foreign‐owned insurance companies have a ...
Venard, Bertrand +2 more
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The Banking and Insurance Sector
2020This chapter focuses on procedures and mechanisms to control foreign direct investments into the EU banking and insurance sector. It explains and analyzes the relationship between the prudential ownership control procedures under EU supervisory law and the proposed FDI screening mechanisms under Regulation 2019/452.
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Climate change and the insurance sector
Greener Management International, 2002Andrew Dlugolecki, Mojdeh Keykhah
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ICT Penetration and Insurance Sector Development: Evidence from the 10 New EU Member States
Electronics (Switzerland), 2023Dan Constantin Danuletiu +2 more
exaly

