-investment-grade, these bonds are underpriced. Consistent with insurers' high (low) demand for IG bonds with high (low) systematic risk …

urgent when considering VaR is used daily to measure capital, risk limits and liquidity of trillions of dollars. VaR …_Delta-Normal large inaccuracy makes a case for policy makers to consider PVaR_Delta-Normal and PES_Delta-Normal as legitimate risk …

We examine the relation between bank risk management procedures and sales of mortgages during the financial crisis of …, thereby diminishing their ability to sell loans during the crisis. We find banks with stronger credit risk management suffered … techniques while granting loans than banks with weaker credit risk management. Numerous additional tests and robustness checks …

residential property for applications in banking and insurance including pricing, risk management, and portfolio management. Risk … mono-line credit insurers, have to residential house price risk. This paper provides an assessment of risk models for … variability is due to heterogeneity requiring broader risk assessment than market-wide house price indices. Although time series …

The insurance industry could potentially play a greater constructive role in mitigating climate risk by aligning with …

Climate risk impacts the insurance industry on both sides of the balance sheets. On the one hand, rising weather …

Switzerland has a systemically important financial sector. This paper analyzes the financial soundness and risk … dynamics of Swiss banks and insurance companies for the past five years. The cross-country comparisons show that despite the … recovery in profitability and capital for banks and insurance companies, challenges and risks remain. In particular, big banks …

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 …

risk. Using the U.S. life insurance industry as a laboratory, we present a model in which variable annuity (VA) guarantees …