Executive summary Increases in global mean surface temperature are projected to result in
continued permafrost degradation and coastal degradation (high confidence), increased …

We study insurance and portfolio decisions, two opposite risk retention tradeoffs. Using
household level data, we identify the first joint determinants (eg subjective expectations, risk …

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 …

This paper investigates the asymmetric and nonlinear transmission of real output and
economic policy uncertainty to insurance premiums for the US economy over the annual …

We examine the heterogeneous impacts of asset, product, and financial risks on property-
casualty insurers' performance and their resilience to the COVID-19 pandemic. To address …

The global property protection gap in natural catastrophe risk has widened steadily over the
past 40 years. In historical terms, we find that most underinsurance of extreme events is for …

This paper investigates the long run relationship between health care expenditure and
economic growth, using panel data for 14 Southern African Development Community …

Although life insurance consumption increases from low income group to high income
group, there is a substantial variation in life insurance density across-country in each income …

Borch (1969) advocated that the study of optimal reinsurance design should take into
consideration the conflicting interests of both an insurer and a reinsurer. Motivated by this …

The journey to reinforce connectivity between China and ASEAN-5 through the Belt and
Road Initiative (BRI) presents various risks and non-life insurance development …