Risk Transfer and the insurance industry.

This paper focuses on risk transfer and discusses the insurance sector, particularly life insurers. It expands on issues raised in previous Global Financial Stability Reports by asking whether financial stability has benefited or could benefit from insurers' broader participation in credit mark...

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:Global Financial Stability Report; Global Financial Stability Report ; No. 2004/005
Online Access:Full text available on IMF
Description
Summary:This paper focuses on risk transfer and discusses the insurance sector, particularly life insurers. It expands on issues raised in previous Global Financial Stability Reports by asking whether financial stability has benefited or could benefit from insurers' broader participation in credit markets, including credit derivatives. The paper assesses the impact on financial stability of life insurers' investment behavior and risk management in the largest mature markets. It highlights that the policy implications differ from market to market, and may offer useful lessons to emerging market countries with developing capital markets.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (35 pages)
Format:Mode of access: Internet
ISSN:1729-701X
Access:Electronic access restricted to authorized BRAC University faculty, staff and students