That the returns on financial assets and insurance claims are not well described by the
multivariate normal distribution is generally acknowledged in the literature. This paper …

During 2008 and 2009, the insurance industry experienced unprecedented volatility. The
large swings in insurers' market valuations, and the significant role that financial reporting …

Enterprise risk management (ERM) is a process that manages all risks in an integrated,
holistic fashion by controlling and coordinating any offsetting risks across the enterprise …

This paper analyzes the scope of the private market for pandemic insurance. We develop a
framework that explains theoretically how the equilibrium price of pandemic insurance …

We investigate the effect of risk management (reinsurance) on the corporate cost of equity
using panel data drawn from the United Kingdom's (UK) non-life insurance industry. Our …

Previous research on insurer cost of equity (COE) focuses on single‐period asset pricing
models. In reality, however, investment and consumption decisions are made over multiple …

We examine the relation between executive compensation and market‐implied default risk
for listed insurance firms from 1992 to 2007. Shareholders are expected to encourage …

We conduct a comprehensive asset pricing analysis for the US property/liability insurance
industry using monthly data from 1988 to 2015. We find that state-of-the-art models such as …

In the conditions of economic and political in stability there is a necessity of analysis the
criteria of financialpotential and competitiveness in a country. A role of financial potential …

This research analyzes the impact of firm-specific characteristics on the crosssection of
equity returns of insurance companies in Nepal. For this purpose, the study used 22 …