Similar Search Results

An Overview of International Deferred Annuity Markets

Chen, Anran - 2019

of understanding reasons behind the low demand of immediate annuities, two behavioural models, cumulative prospect theory …

Persistent link: https://www.econbiz.de/10012864248

Financial Supervision, Financial Crisis and Life Insurance Companies : International Evidence in OECD Countries

Kim, Bum - 2015

This paper is to examine life insurance companies in the OECD countries to identify the major firm-specific determinants of the profitability and test the impact of regulatory system in those countries. We consider two important agency structures of insurance industry supervision and...

Persistent link: https://www.econbiz.de/10013011582

Is Gold a Hedge or Safe Haven Asset during COVID–19 Crisis?

Akhtaruzzaman, Md - 2020

the optimal weights of gold as ‘flight-to-safety assets' during the crisis period. The results also show that hedging … costs have significantly increased during Phase II. The hedging effectiveness (HE) index shows that the hedge is effective …

Persistent link: https://www.econbiz.de/10012831892

Dollar Asset Holding and Hedging Around the Globe

Du, Wenxin; Huber, Amy - 2023

comprehensive estimates of foreign investors' U.S. dollar (USD) security holdings and currency hedging practices. We find that … USD hedging volume by insurance, pensions and mutual funds amounts to \$2 trillion per annum. We benchmark foreign … investors' USD holdings and hedging patterns using a mean-variance framework, and discuss important empirical drivers of USD …

Persistent link: https://www.econbiz.de/10014350023

Financial Technologies, the Future of Insurance and Green Finance

Manta, Otilia - 2022

As financial technologies shape the future of the financial world in ways most of us have never anticipated, insurers will need to keep up. Moreover, in the context of the European Green Agreement and the Global Green Agreement, financing will face a new challenge posed by the introduction of...

Persistent link: https://www.econbiz.de/10014083205

Localising Temperature Risk

Härdle, Wolfgang - 2017

On the temperature derivative market, modeling temperature volatility is an important issue for pricing and hedging. In …

Persistent link: https://www.econbiz.de/10012966308

Haircutting Non-Cash Collateral

Lou, Wujiang - 2017

Haircut, a discount on the market value of financial collateral, draws its intuition from earlier stock loan brokers' desire to withstand stock market meltdowns without losses. Nowadays it is commonly computed as the 99% tail loss during a 10 day period over a sufficiently long observation. Such...

Persistent link: https://www.econbiz.de/10012967644

Human Equity? Regulating the New Income Share Agreements

Oei, Shu-Yi - 2015

A controversial new financing phenomenon has recently emerged. New “income share agreements” (“ISAs”) enable an individual to raise funds by pledging a percentage of her future earnings to investors for a certain number of years. These contracts, which have been offered by entities such...

Persistent link: https://www.econbiz.de/10013033194

A Fair Pool Sharing Mechanism for Illiquid Catastrophe Risk Markets

Kraut, Gunther - 2015

game theory show that the mechanism is optimal in the sense of the Aumann-Shapley value. For this new application of these …

Persistent link: https://www.econbiz.de/10013035615

One Cost of Global Warming - The View from the ILS Market

Lane, Morton - 2018

The June 2017 issue of Science magazine laid out an extensive and comprehensive model for projecting the future cost of climate change for the United States of America. What the paper does not do, and which is the objective herein is to ask, what has climate change cost us so far? The paper...

Persistent link: https://www.econbiz.de/10012910078