A significant contributing factor to the Financial Crisis of 2007–2009 was the apparent interconnectedness among hedge funds, banks, brokers, and insurance companies, which amplified shocks into systemic events. In this paper, we propose five measures of systemic risk based on statistical relations among the market returns of these four types of financial institutions. Using correlations, cross...

The purpose of this study is to investigate and find out the performance of Turkish insurance companies listed on the Istanbul Stock Exchange (ISE) and to analyze the performance of the insurance companies by using variance analysis, ratios and cash flow analysis. The insurance companies in the European Union have close contact with the European banking industry through a cross-selling process....

Title charges include title insurance premiums and often charges for closing or settling a loan. Title insurance premiums vary considerably across metropolitan areas, from an average of $700 in Des Moines, Iowa, to $2,190 in New York City. Housing market institutions and regulations explain some, but not all, of this variation. The other charges vary as well. This report attempts to explain the...

Risk, Institutions and Growth: Why England and Not China? We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct risk-sharing institutions – even those providing the ...

BACKGROUND Cost-sharing between beneficiaries and governments is critical to achieve universal health care coverage. To address this, Ethiopia is currently introducing Social Health Insurance. However, there has been limited evidence on willingness to join the newly proposed insurance scheme in the country. The purpose of this study is to assess willingness to join and pay for the scheme among ...

The economic and ecological damages caused by wildfires are alarming. Because such damages are expected to increase with changes in wildfire regimes, this calls for more effective wildfire mitigation and adaptation strategies. Wildfire adaptation options for forestland owners include purchasing wildfire insurance, which provides compensation to those insured if a wildfire damages their properti...

Introduction Policies of forbearance to stockholders of insolvent firms by federal deposit guarantors represent a wealth transfer from federal deposit-insurance agencies, and ultimately from federal taxpayers, to the stockholders of the insured institutions. Kane (1985, 1986), Pyle (19861, and Thomson (1987) discuss theoretical determinants of the value of forbearances to stockholders of financ...

BACKGROUND Research has so far benefited from the use of pedometers in physical activity interventions. However, when public health institutions (eg, insurance companies) implement pedometer-based interventions in practice, people may refrain from participating due to privacy concerns. This might greatly limit the applicability of such interventions. Financial incentives have been successfully ...