Showing 1 - 5 of 5
This work aims at investigating the existence of a “virtuous” relationship among corporate insurance purchases, credit risk and debt capacity. Such aim has been pursued through different steps: review of literature, to identify the reasons of corporate demand for insurance; analysis of Italian...
Persistent link: https://www.econbiz.de/10013055602
Basel II Framework brings important changes, since life insurance and surety policy are “eligible” guarantees for Credit Risk Mitigation. Nevertheless, banks could offer a better pricing to borrowers not because they are less risky, but because the whole operation would need a lower capital...
Persistent link: https://www.econbiz.de/10013055586
The purpose of this article is to outline the specifics of Solvency II. Toward this aim, we present various aspects of the EU's efforts to develop a harmonized set of insurer solvency regulations. In particular, we describe (1) the process being followed in development of these regulations; (2)...
Persistent link: https://www.econbiz.de/10013055600
Persistent link: https://www.econbiz.de/10013406998
Pandemic risks, such as Covid-19, are difficult to insure as they are characterized by multiple factor risks and losses and involve different types of businesses and people simultaneously. The scarcity of time series and statistical data prevents insurers from developing correct pricing. We...
Persistent link: https://www.econbiz.de/10014466521