van Lelyveld, Iman; Liedorp, Franka; Kampman, Manuel - In: Journal of Financial Stability 7 (2011) 4, pp. 191-203
We analyse the effect of failing reinsurance cover on the stability of Dutch insurers. As insurers often reinsure themselves with other (re)insurers, a firm's loss could spread contagiously through the sector. Using a unique and confidential data set on reinsurance exposures, we gain insight...