variables directly related to the insurance product (e.g., a regulatory restriction of insurance acquisition costs) as well as … importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross … cooperation between banks and insurers as well as the specificity of insurance products distribution (also local) in the …

In the classical expected utility framework, a problem of optimal insurance design with a premium constraint is … equivalent to a problem of optimal insurance design with a minimum expected retention constraint. When the insurer has ambiguous …, Amarante, Ghossoub and Phelps examined the problem of optimal insurance design with a premium constraint when the insurer has …

Being active in both the insurance sector and the banking sector, financial conglomerates intrinsically increase the … interconnections between the banking sector and the insurance sector. We address two main concerns about financial conglomerates using …

This paper provides a rationale for the macro-prudential regulation of insurance companies, where capital requirements … actuarially fair technical reserve. However, these instruments are not sufficient when insurance companies are exposed to systemic …’s exposure to systemic risk. Implementing the optimal policy implies separating insurance firms into two categories according to …

We address the effect of local financial conditions on the demand for non-life insurance. We consider the spread … national or international financial markets, sketching how it influences the present value of an insurance policy; we then use … with ample variability in insurance density as well as borrowing conditions, we show that the demand for non-life insurance …

by sharing gains from trade with high-risk customers when low risks are predominant in the insurance pool. However …

Accurate forecasting of insurance claims is of the utmost importance for insurance activity as the evolution of claims … determines cash outflows and the pricing, and thus the profitability, of the underlying insurance coverage. These are used as … inputs when the insurance company drafts its business plan and determines its risk appetite, and the respective solvency …

In this paper we analyze insurance demand when the utility function depends both upon final wealth and the level of … documented in real insurance markets. …

. The asset modeling framework leads to the proliferation of inappropriate assumptions about the effect of insurance line of … insurance parameter risk. …

-threat assessment in order to express the financial impacts. The study is based on an in-depth analysis of the insurance industry. The … of cyber threats for the field of insurance. …