tools in a standard insurance demand theory environment. We concentrate on the problem of basis risk versus transaction cost … transaction costs compared to (re)insurance products. Insurance coverage usually incurs costs of acquisition, monitoring and loss …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

influenced by climate change. This is also of concern to the insurance sector as it registers a rise in weather-related losses …. The paper summarizes the loss trend and its causes and demonstrates that the insurance sector can contribute to a more …

with banking and insurance sectors, we show that credit risk transfer can be beneficial when banks face uniform demand for …