The Geneva papers on risk and insurance. Issues and practice最新文献_第4页

English tort law and the pandemic: the dog that has not barked. 英国侵权法与疫情：没有吠叫的狗。

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-04-08 DOI: 10.1057/s41288-023-00298-6

David Howarth

引用次数: 0

New advances on cyber risk and cyber insurance 网络风险与网络保险研究新进展

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-04-01 DOI: 10.1057/s41288-023-00294-w

M. Boyer, M. Eling

引用次数: 0

Business interruption insurance as a means of spreading pandemic-related losses. 营业中断保险作为传播疫情相关损失的一种手段。

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-03-27 DOI: 10.1057/s41288-023-00295-9

Piotr Tereszkiewicz

引用次数: 0

The possibilities and limits of insurance as governance in insuring pandemics. 保险作为流行病保险治理的可能性和局限性。

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-03-21 DOI: 10.1057/s41288-023-00291-z

Qihao He, Michael Faure, Chengwei Liu

{"title":"The possibilities and limits of insurance as governance in insuring pandemics.","authors":"Qihao He, Michael Faure, Chengwei Liu","doi":"10.1057/s41288-023-00291-z","DOIUrl":"10.1057/s41288-023-00291-z","url":null,"abstract":"Insurance can, as has clearly been indicated in the literature, play an important role in dealing with catastrophe risks, not only as a compensation mechanism but also as a mechanism to influence the behaviour of the insured. It is the concept known as 'insurance as governance'. However, we argue that there are limited possibilities for this role as far as the insurance of pandemics is concerned. The traditional technical tools, such as risk-based pricing, are difficult to apply. In addition, there may, ab initio, be serious problems in insuring pandemics within one of the main conditions of insurability (controlling moral hazard through an effective risk differentiation). One remedy that is traditionally applied, more particularly for natural catastrophes, is mandatory coverage. Furthermore, the capacity problem might potentially be solved through a multilayered approach in which, in addition to insurance and reinsurance, the government could also take up a role as reinsurer of last resort. That would also have the major advantage of stimulating market solution (and potentially providing incentives for the mitigation of damages), which clearly fails in a model where the government simply bails out operators. Finally, one important regulatory intervention is that insurers should be better informed than was apparently the case during the last pandemic about exactly which type of risks are covered and which are not.","PeriodicalId":75009,"journal":{"name":"The Geneva papers on risk and insurance. Issues and practice","volume":" ","pages":"1-28"},"PeriodicalIF":0.0,"publicationDate":"2023-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10028328/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9711961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

How cyber insurance influences the ransomware payment decision: theory and evidence 网络保险如何影响勒索软件支付决策:理论与证据

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-03-09 DOI: 10.1057/s41288-023-00288-8

A. Cartwright, E. Cartwright, James E. MacColl, G. Mott, S. Turner, James Sullivan, Jason R. C. Nurse

引用次数: 1

What is the potential of compensation funds for addressing COVID-related personal injury? 赔偿基金在解决新冠肺炎相关人身伤害方面的潜力有多大？

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-02-27 DOI: 10.1057/s41288-023-00292-y

Jonas Knetsch, Kim Watts

引用次数: 1

Reinsuring pandemics: the role of government and public-private partnerships between reinsurers and governments. 大流行病的再保险：政府的作用以及再保险公司与政府之间的公私合作。

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-02-17 DOI: 10.1057/s41288-023-00290-0

Senara Eggleton, Özlem Gürses

{"title":"Reinsuring pandemics: the role of government and public-private partnerships between reinsurers and governments.","authors":"Senara Eggleton, Özlem Gürses","doi":"10.1057/s41288-023-00290-0","DOIUrl":"10.1057/s41288-023-00290-0","url":null,"abstract":"Pandemic-related business interruption (BI) losses are generally considered 'uninsurable' because, in order to pool sufficient premium revenue to meet valid claims, premiums would be unaffordable for the majority of policyholders. This paper explores whether and how such losses might be made insurable in the U.K. The authors consider post-pandemic governmental responses, including the role of the Financial Conduct Authority (FCA) and the meaning and implications of FCA v Arch Insurance (U.K.) Ltd ([2021] UKSC 1). The central premise of the paper is to highlight the importance of reinsurance in increasing an underwriter's insuring capacity and to illustrate how, with the support of government in the form of a public-private partnership (PPP), 'uninsurable' risks of this type may be made insurable. The authors propose a PPP, 'Pandemic Business Interruption Re', which provides, in their view, a feasible and defensible solution that would confer the benefit of increasing policyholders' faith in the industry's ability to underwrite pandemic-related BI claims and reduce reliance on ex post government aid.","PeriodicalId":75009,"journal":{"name":"The Geneva papers on risk and insurance. Issues and practice","volume":" ","pages":"1-25"},"PeriodicalIF":0.0,"publicationDate":"2023-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9936477/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10764098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Technology investments and firm performance under the wave of InsurTech 保险科技浪潮下的科技投资与公司业绩

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-02-11 DOI: 10.1057/s41288-023-00286-w

Vincent Y. L. Chang

引用次数: 2

Capital issuances and premium growth in the property-liability insurance industry: evidence from the financial crisis and COVID-19 recession. 财产责任保险业的资本发行和保费增长：来自金融危机和 COVID-19 衰退的证据。

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-01-28 DOI: 10.1057/s41288-022-00283-5

Thomas R Berry-Stölzle, Meghan Irene Esson

{"title":"Capital issuances and premium growth in the property-liability insurance industry: evidence from the financial crisis and COVID-19 recession.","authors":"Thomas R Berry-Stölzle, Meghan Irene Esson","doi":"10.1057/s41288-022-00283-5","DOIUrl":"10.1057/s41288-022-00283-5","url":null,"abstract":"The COVID-19-driven stock market crash in early 2020, as well as the recession following the financial crisis, generated sizeable operating losses for property-liability insurance companies. However, property-liability insurers were able to hold their capitalisation levels relatively stable during both recessions, issuing new capital and reducing dividends. We use these two recent recessions to empirically examine the determinants and consequences of capital issuances by property-liability insurance companies. We find that property-liability insurers raise capital to restore depleted levels due to operating losses and to fund business growth, and these determinants do not change during recessions. We further examine whether capitalisation levels constrain insurers' ability to meet demand during recessions and find no evidence this occurs. We rather find that new capital is associated with premium growth in subsequent time periods. There seem to be fewer frictions affecting property-liability insurers to recapitalise and accommodate demand compared to other financial services firms.Supplementary information: The online version contains supplementary material available at 10.1057/s41288-022-00283-5.","PeriodicalId":75009,"journal":{"name":"The Geneva papers on risk and insurance. Issues and practice","volume":" ","pages":"1-25"},"PeriodicalIF":0.0,"publicationDate":"2023-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9883125/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10717724","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does the legalisation of cannabis for medicinal use impact private health insurer prescription drug expenditures? 药用大麻合法化是否会影响私人健康保险公司的处方药支出?

The Geneva papers on risk and insurance. Issues and practice Pub Date : 2023-01-17 DOI: 10.1057/s41288-022-00284-4

Amanda C. Cook, E. Sirmans, Brenda Wells

引用次数: 0