macroprudential insurance regulation. …

other countries. This paper analyzes the influence of regulation imposed by Solvency II on life catastrophe risk management … characteristics of different causes of life catastrophe risk are identified. The advice of the Committee of European Insurance and … Occupational Pensions Supervisors (CEIOPS), now the European Insurance and Occupational Pensions Authority (EIOPA), regarding the …

Capital allocation is an instrument for managing an insurance company. This is linked with three important fields of an … insurance company: pricing, risk management and performance management. It is a tool for strategic management so as to decide to … practical purposes. An application is proposed through an internal model approach, triggered by the frameworks of insurance …

This paper provides an overview of research and debate over whether insurance poses systemic risk, with a focus on U ….S. life insurance. It considers the Financial Stability Oversight Council (FSOC) process for designating nonbank financial … adverse consequences of designating individual insurance entities for enhanced supervision, which favor an alternative …

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 …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

unique information on firm level commercial insurance purchases, we find that financing constraints lead to higher insurance … spending. We adopt a regression discontinuity design and show that financially constrained firms spend 5-14% more on insurance …

the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …