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on Insurance Economics |
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Issue of 2006‒05‒27
two papers chosen by Soumitra K Mallick Indian Institute of Social Welfare and Bussiness Management |
| By: | Laeven, Luc; Beck, Thorsten |
| Abstract: | There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks across 57 countries, they show that banks in countries where the deposit insurer has the responsibility of intervening failed banks and the power to revoke membership in the deposit insurance scheme are more stable and less likely to become insolvent. Involvement of the deposit insurer in bank failure resolution thus dampens the negative effect that deposit insurance has on banks ' risk taking. |
| Keywords: | Banks & Banking Reform,Financial Crisis Management & Restructuring,Financial Intermediation,Corporate Law,Insurance & Risk Mitigation |
| Date: | 2006–05–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:3920&r=ias |
| By: | Pieter Walhof*; André B. Dorsman; André Thibeault (Nyenrode Business Universiteit) |
| Abstract: | Recently Life Insurance Securitisation practices have been probed in dedicated areas to access the wider capital markets. These developments have shown a rising interest among leading insurers and reinsurers to start building experience with securitisation practices, either for risk transfer, raising additional capital or a combination of these. As these structures have proven to be cost effective and generally accepted in the banking segment it is foreseen that securitisation can become an accepted method in insurance environments too in the foreseeable future. This paper provides an overview of recent practices in Life Insurance Securitisation and aims to demonstrate that Life Insurance Securitisation has viable potential for insurance companies in the future to reduce the cost of (regulatory) capital and transferring risk to the capital markets. |
| Keywords: | Life Insurance Securitisation, risk transfer, capital raising |
| Date: | 2005 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:nijrep:2005-05&r=ias |