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Internal Versus External Capital Markets in the Insurance Industry: The Role of Reinsurance
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Cited by:
- Georges Dionne & Denise Desjardins, 2022.
"A re‐examination of the US insurance market's capacity to pay catastrophe losses,"
Risk Management and Insurance Review, American Risk and Insurance Association, vol. 25(4), pages 515-549, December.
- Dionne, Georges & Desjardins, Denise, 2022. "A re-examination of the U.S. insurance market’s capacity to pay catastrophe losses," Working Papers 22-2, HEC Montreal, Canada Research Chair in Risk Management.
- J. David Cummins & Georges Dionne & Robert Gagné & Abdelhakim Nouira, 2021.
"The costs and benefits of reinsurance,"
The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 46(2), pages 177-199, April.
- J. David Cummins & Georges Dionne & Robert Gagné & Abdelhakim Nouira, 2008. "The Costs and Benefits of Reinsurance," Cahiers de recherche 08-04, HEC Montréal, Institut d'économie appliquée.
- Cummins, J. David & Dionne, Georges & Gagné, Robert & Nouira, Abdelhakim, 2021. "The costs and benefits of reinsurance," Working Papers 08-1, HEC Montreal, Canada Research Chair in Risk Management.
- Fier, Stephen G. & McCullough, Kathleen A. & Carson, James M., 2013. "Internal capital markets and the partial adjustment of leverage," Journal of Banking & Finance, Elsevier, vol. 37(3), pages 1029-1039.
- Hua Chen & J. David Cummins & Tao Sun & Mary A. Weiss, 2020. "The Reinsurance Network Among U.S. Property–Casualty Insurers: Microstructure, Insolvency Risk, and Contagion," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 87(2), pages 253-284, June.
- Chia-Ling Ho & Gene Lai & Sangyong Han & Licheng Jin, 2022. "Organisational structure, corporate governance and reinsurance decisions in the U.S. property-liability insurance industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(4), pages 737-784, October.
- Hsiao, Ching-Yuan & Shiu, Yung-Ming, 2023. "Contingent factors of the coinsurance function of internal capital markets: Evidence from the US nonlife insurance industry," The North American Journal of Economics and Finance, Elsevier, vol. 66(C).
- Shiu, Yung-Ming, 2020. "How does reinsurance and derivatives usage affect financial performance? Evidence from the UK non-life insurance industry," Economic Modelling, Elsevier, vol. 88(C), pages 376-385.
- Marijana Curak & Marija Utrobicic & Daniel Kovac, 2014. "Firm Specific Characteristics And Reinsurance – Evidence From Croatian Insurance Companies," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 23(1), pages 29-42, june.
- Courtney B. Baggett & Cassandra R. Cole, 2023. "Insurance groups, product diversification, and the role of surplus lines affiliation," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 26(1), pages 35-56, March.
- Muhammed Altuntas & James Garven & Jannes Rauch, 2018. "On the Corporate Demand for Insurance: Evidence From the Global Reinsurance Market," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 21(2), pages 211-242, September.
- Tobias Götze & Marc Gürtler, 2022. "Risk transfer beyond reinsurance: the added value of CAT bonds," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(1), pages 125-171, January.
- Hsiao, Ching-Yuan & Shiu, Yung-Ming, 2024. "Internal versus external capital markets and risk-taking," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 503-519.
- Hiro Ito & Robert N. McCauley, 2022.
"A Disaster Under-(Re)Insurance Puzzle: Home Bias in Disaster Risk-Bearing,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(4), pages 735-772, December.
- Hiro Ito & Robert N McCauley, 2019. "A disaster under-(re)insurance puzzle: Home bias in disaster risk-bearing," BIS Working Papers 808, Bank for International Settlements.
- Hsiao, Ching-Yuan & Shiu, Yung-Ming, 2021. "Group firms’ access to internal capital markets: The contingent roles of group resources and affiliates’ financial weakness," Economic Modelling, Elsevier, vol. 96(C), pages 135-156.
- Ching-Yuan Hsiao & Yung-Ming Shiu, 2019. "The effects of business mix on internal and external reinsurance usage," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(4), pages 624-652, October.
- Selim Mankaï & Aymen Belgacem, 2013.
"Interactions Between Risk-Taking, Capital, and Reinsurance for Property-Liability Insurance Firms,"
EconomiX Working Papers
2013-23, University of Paris Nanterre, EconomiX.
- Selim Mankaï & Aymen Belgacem, 2014. "Interactions Between Risk-Taking, Capital, and Reinsurance for Property- Liability Insurance Firms," Working Papers 2014-154, Department of Research, Ipag Business School.
- Dionne, Georges & Desjardins, Denise, 2017. "Reinsurance Demand and Liquidity Creation," Working Papers 17-3, HEC Montreal, Canada Research Chair in Risk Management.
- Pablo Gutiérrez González & Lars†Fredrik Andersson, 2018. "Managing financial constraints: undercapitalization and underwriting capacity in Spanish fire insurance," Economic History Review, Economic History Society, vol. 71(2), pages 567-592, May.
- Michelle L. Barnes & James Bohn & Cynthia Martin, 2015. "A post-mortem of the life insurance industry's bid for capital during the financial crisis," Current Policy Perspectives 15-8, Federal Reserve Bank of Boston.
- Altuntas, Muhammed & Berry-Stölzle, Thomas R. & Wende, Sabine, 2015. "Does one size fit all? Determinants of insurer capital structure around the globe," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 251-271.
- Alejandro Drexler & Richard Rosen, 2022. "Exposure to catastrophe risk and use of reinsurance: an empirical evaluation for the U.S," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(1), pages 103-124, January.
- Selim Mankai & Aymen Belgacem, 2013. "Interactions Between Risk-Taking, Capital, and Reinsurance for Property-Liability Insurance Firms," Working Papers hal-04141190, HAL.
- Stephen G. Fier & Andre P. Liebenberg, 2014. "The Market for Directors’ and Officers’ Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 17(2), pages 215-239, September.
- Stephen G. Fier & Andre P. Liebenberg & Ivonne A. Liebenberg, 2017. "Insurer Growth Strategies," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 20(3), pages 309-337, December.
- Xin Che & Stephen G. Fier & Andre P. Liebenberg, 2019. "The effect of predation risk on cash holdings: Empirical evidence from the U.S. property‐liability insurance industry," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 22(3), pages 329-358, September.
- Jeungbo Shim, 2011. "Mergers & Acquisitions, Diversification and Performance in the U.S. Property-Liability Insurance Industry," Journal of Financial Services Research, Springer;Western Finance Association, vol. 39(3), pages 119-144, June.
- Alejandro Drexler & Thomas B. King, 2021. "Capital Constraints and Risk Shifting: An Instrumental Approach," Working Paper Series WP-2021-13, Federal Reserve Bank of Chicago.
- Desjardins, Denise & Dionne, Georges & Koné, N’Golo, 2022.
"Reinsurance demand and liquidity creation: A search for bicausality,"
Journal of Empirical Finance, Elsevier, vol. 66(C), pages 137-154.
- Desjardins, Denise & Dionne, Georges & Koné, N’Golo, 2020. "Reinsurance demand and liquidity creation: A search for bi-causality," Working Papers 20-1, HEC Montreal, Canada Research Chair in Risk Management, revised 20 Jan 2022.
- Hsiao, Ching-Yuan & Shiu, Yung-Ming, 2023. "Risk-sharing function in internal capital markets: Evidence from intragroup reinsurance activities," International Review of Financial Analysis, Elsevier, vol. 87(C).
- Silvia Bressan, 2023. "Reinsurance and Sustainability: Evidence from International Insurers," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 13(6), pages 1-8.
- Selim Mankaï & Aymen Belgacem, 2016. "Interactions Between Risk Taking, Capital, and Reinsurance for Property–Liability Insurance Firms," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 83(4), pages 1007-1043, December.
- Sana Sheikh & Ali Murad Syed & Syed Sikander Ali Shah, 2018. "Corporate Reinsurance Utilisation and Capital Structure: Evidence from Pakistan Insurance Industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(2), pages 300-334, April.
- Michael Adams & Zafeira Kastrinaki, 2024. "Do Co-opted Boards Affect the Financial Performance of Insurance Firms?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 66(3), pages 329-357, December.
- Stephen G. Fier & Andre P. Liebenberg, 2023. "Do insurers use internal capital markets to manage regulatory scrutiny risk?," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 90(4), pages 861-897, December.