The economics, regulation, and systemic risk of insurance markets /
Despite the importance of insurance in enabling individual and collective social, economic and financial activities, discussions about the macro-economic role and risks of insurance markets are surprisingly limited. The core motivation for publishing this book is to bring together academics, regulat...
| Other Authors: | , , |
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| Format: | Book |
| Language: | English |
| Published: |
Oxford ; New York :
Oxford University Press,
2017.
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| Edition: | First edition. |
| Subjects: |
Table of Contents:
- Part I: I. The Economics of Insurance and the Macroeconomic Role of Insurance
- 1. What is Insurance and How Does it Differ from General Finance? / Christian Thimann
- 2. The Macroeconomic Role of Insurance / Denis Kessler, Amelie de Montchalin, and Christian Thimann
- 3. How the Insurance Industry Manages Risk / Denis Duverne and John Hele
- Part II: Financial Stability and the Possibilities of Systemic Risk
- 4. Risks of Life Insurers: Recent Trends and Transmission Mechanisms / Ralph Koijen and Motohiro Yogo
- 5. Measuring Systemic Risk for Insurance Companies / Viral Acharya, Thomas Philippon, and Matthew Richardson
- 6. Measuring Interest Rate Risk in the Life Insurance Sector: The US and the UK / Anna Paulson and Richard Rosen
- Part III: I. Regulation
- 7. How the Insurance Industry's Asset Portfolio Responds to Regulation / Bo Becker
- 8. Spillover Effects from Risk Regulation on the Asset Side to Asset Markets / Andrew Ellul, Pab Jotikasthira, and Christian Lundblad
- 9. A Regulatory Framework for Systemic Risk in the Insurance Industry / Felix Hufeld
- Part IV: Open Questions Going Forward from Regulators and the Insurance Sector
- 10. The Big Questions for the Insurance Sector: Findings from a Survey of Insurance Companies.