risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … reflected in current insurance regulation (incl. upcoming Solvency II in Europe). …

The paper surveys the characteristics of explicit systems of deposit insurance in 68 countries. It compares these … best practices seek to establish a system of deposit insurance that provides incentives for all parties - whether they are …

activity, including insurance. The European financial market is constantly adapting to the current challenges, which makes it …

This paper is the first to examine the effects of consolidation in the international insurance industry on the … strong positive relation between consolidation in the insurance industry and moderate systemic risk in the insurance and …-traditional financing activities, and diversification across insurance lines all add to the destabilizing effect of insurance consolidation …

insurance performance, and evaluate the forecasts from our model. We find that taking unobserved common factors into account …

While insurance plays an important role in the financial sector, it is often ignored in the financial development …-economic growth literature. This paper examines the relationship between insurance and economic growth via a global cross … positive relationship between economic growth and overall insurance, as well as more specifically for life and non …

of insurance companies from around the world. We find that better investor protection results in less risk-taking, as do …

The development of international norms for insurance has not progressed as far or as deeply as the development of … new. The International Association of Insurance Supervisors (“IAIS”) has existed for less than fifteen years while the … only thirteen members from only developed nations.Finally, the fact that insurance is regulated by the states within the …

case of systemically important insurance (G-SIIs) identification methodology was prepared and announced recently. The … objective is to prove that the proposal for the insurance sector better captures the essence of the problem G-SIFIs than the … proposal prepared and implemented for the banking sector (G-SIBs), while at the same time indicate that the insurance sector …

In this paper, we examine the impact of regulation on the risk culture of U.S. insurance firms, to address the … refocused attention on federal insurance regulations after the 2008 financial crisis. To better understand the risk culture of … documents and define three distinct risk culture classes. We find that the risk culture of insurance firms is significantly …