importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross …The aim of the article is to identify the risk factors affecting bancassurance development in Poland. The development … is understood here as a change of gross written premiums obtained through banks in Poland. The group of risk factors …

This paper examines the relationship between idiosyncratic risk and stock returns in BRICS (Brazil, Russia, India … risk puzzle by dividing firms into groups based on fundamentals, such as their market risk, financial constraints, and … liquidity position. Finally, it investigates whether the idiosyncratic risk is priced in BRICS countries’ equity markets. The …

In the psychological and sociological framework of risk, we establish a static and dynamic equilibrium model for risk …-sharing institutional evolution. Particularly, through a comparative study of marine insurance development in China and Europe, we address a … wide set of research questions concerning why China and Europe relied on different social organizations for risk sharing. …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality … verification of research in the identification of key risk categories. Findings: Many researchers, including Nobel Prize winners … risks for businesses. This phenomenon is a subject of disclosure in the form of various categories of operational risk …

understanding of what influences the risk perception of their insurance policyholders. Exogenous factors relate to external factors … influencing the risk perception of insurance policyholders namely, political-legal, market fluctuations, crime and unemployment … insurance industry as it provides an analysis of the exogenous factors influencing the risk perception of the insurance …

, this risk can be transferred to capital market investors through CAT bonds, which have never been used for this purpose in … hypothetical CAT bond issued for the period 1999-2003. As a result, by transferring the risk to the capital market, investors could …

their participation in systemic risk in the insurance sector. We compare systemic risk in different market regimes. Research … model (C-DCC-GARCH). In each of the identified market regimes we determine the Conditional Value at Risk CoVaR systemic risk … measure. Findings: In this article we show a positive correlation of all the insurance companies under consideration. During …

We investigate the effects of adopting enterprise risk management (ERM) on the performance and risks of European … publicly listed insurance firms. Using a dataset for 24 years, we report new results which show that ERM adopters realize … show that ERM adopters effectively reduce firm total and systematic risks and, to a greater extent, idiosyncratic risk …

prevents insurers from developing correct pricing. We propose a model of catastrophe risk with Non-Damage Business Interruption … (NDBI) policies to manage the pandemic risk due to the spread of Covid-19. The model employs a Monte Carlo simulation of …

In this paper, we address the identification and estimation of insurance models where insurees have private information … about their risk and risk aversion. The model includes random damages and allows for several claims, while insurees choose … from a finite number of coverages. We show that the joint distribution of risk and risk aversion is nonparametrically …