We examine the conditions under which life insurer customers can use a policy loan to
protect the unguaranteed cash value in their life insurance policies and annuity contracts …

The aim of this paper is to investigate customer preferences for certain company
characteristics when purchasing life insurance products. We focus on ratings provided by …

This article investigates market discipline in the reinsurance market by examining the
sensitivity of reinsurance demand to reinsurer counterparty risk for a sample of US property …

I investigate how property and casualty insurers affected by mega natural disasters adjust
their capital ratios during the post-disaster period. Following the mega natural disasters in …

We identify the effect of public guarantees on market discipline by exploiting the variation in
US state guarantees of property–casualty insurer obligations. We find that guaranty funds …

Marktdisziplin ist ein zentraler Bestandteil des im Jahr 2016 für Versicherungsunternehmen
in der Europäischen Union eingeführten Regulierungsstandards Solvency II. Wesentliche …

I am truly grateful to my supervisor Professor Cosimo-Andrea Munari. Professor Cosimo-
Andrea Munari has always been available to provide his feedback and his guidance has …

Market discipline, which concerns aspects of monitoring and the ability of market participants
to play a role in influencing management behavior, is an aspect of the financial industry that …

In this paper, we discuss our research on the effects of regulatory forbearance on the
outcomes for high-risk and distressed property-casualty insurance companies. A …