Although the transferring of a firm's pure risk historically has been conducted through the
insurance and reinsurance markets, risk managers of large corporations are reportedly …

In this article, the authors analyze the derivatives holdings of US insurers to empirically
investigate the general hypotheses developed in the financial literature to explain why …

The global value of trading in index futures is about $20 trillion per year and rising and for
many countries the value traded is similar to that traded on their stock markets. This book …

Using data collected from the annual statements of 571 life insurers, separate models are
estimated for the probability and degree of use of futures and options by life insurers for the …

Bu çalışmanın amacı bankaların türev ürün kullanımını etkileyen faktörlerin belirlenmesidir.
Bu kapsamda, ilgili çalışmada Türkiye'deki bankalara ait 2003: 12015: 3 dönem aralığındaki …

The importance of managerial decisions related to interest‐sensitive cash flows has
received considerable attention in the insurance literature. Consistent with the interest …

In this paper we investigate the extent to which insurance companies utilize financial
derivatives contracts in the management of risks The data set we employ allows us to …

This paper examines the determinants of financial derivatives use in the United Kingdom life
insurance industry. We estimate a probit regression model and a Heckman two‐stage …

The Chicago Board of Trade has developed a series of futures contracts based on insurance
experience that are scheduled to begin trading in 1993. Insurance futures for automobile …

This article discusses the Chicago Board of Trade's proposal to establish a market for futures
contracts (and options on futures) written on insurance business. A European call option on …