demands on regulators and parliamentarians who, in turn, are likely to look to the insurance and reinsurance industries for … principles that derive from the economics of insurance regulation and from the decision sciences. Some of these have been … Management of Large-scale Disasters. These recommendations on the role of insurance in mitigation and financing of catastrophe …

We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

This paper contributes to the literature on systemic risk by assessing the network structure of bilateral insurance … exposures in the global non-life insurance market. The reinsurance is the major risk transfer function in the global insurance … the model analysis, we introduce a multi-period framework for simultaneously clearing the insurance obligations of all …