The possibilities and limits of insurance as governance in insuring pandemics [0.03%]
保险治理在流行病保险中的可能性与局限性分析
Qihao He,Michael Faure,Chengwei Liu
Qihao He
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 conc...
David Howarth
David Howarth
As of February 2023, no case has been reported in the U.K., either in the law reports or in the media, of a victim of COVID-19 suing in tort a person or organisation alleged to have caused the victim to contract the disease. This article co...
What is the potential of compensation funds for addressing COVID-related personal injury? [0.03%]
补偿基金在解决与COVID相关的个人伤害方面有哪些潜力？
Jonas Knetsch,Kim Watts
Jonas Knetsch
The COVID-19 pandemic continues to present new challenges at the frontiers of social risk. Its significant societal impact has prompted the consideration of alternative frameworks like compensation funds to better allocate the risks and imp...
Cyber loss model risk translates to premium mispricing and risk sensitivity [0.03%]
网络损失模型风险导致保费定价失误和风险敏感度缺失
Gareth W Peters,Matteo Malavasi,Georgy Sofronov et al.
Gareth W Peters et al.
In this paper we focus on model risk and risk sensitivity when addressing the insurability of cyber risk. The standard statistical approaches to assessment of insurability and potential mispricing are enhanced in several aspects involving c...
Risk mitigation services in cyber insurance: optimal contract design and price structure [0.03%]
网络保险中的风险缓释服务：最优合同设计与定价结构
Gabriela Zeller,Matthias Scherer
Gabriela Zeller
As the cyber insurance market is expanding and cyber insurance policies continue to mature, the potential of including pre-incident and post-incident services into cyber policies is being recognised by insurers and insurance buyers. This wo...
Modelling maximum cyber incident losses of German organisations: an empirical study and modified extreme value distribution approach [0.03%]
基于经验研究和改进极值理论的德国机构网络攻击最大损失建模研究
Bennet von Skarczinski,Mathias Raschke,Frank Teuteberg
Bennet von Skarczinski
Cyber incidents are among the most critical business risks for organisations and can lead to large financial losses. However, previous research on loss modelling is based on unassured data sources because the representativeness and complete...
Reinsuring pandemics: the role of government and public-private partnerships between reinsurers and governments [0.03%]
大流行再保险：政府的作用以及再保险公司与政府之间公私合作伙伴关系的作用
Senara Eggleton,Özlem Gürses
Senara Eggleton
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 pape...
Coordination of cybersecurity risk management in the U.K. insurance sector [0.03%]
英国保险行业的网络安全风险管理协调工作
Paul Klumpes
Paul Klumpes
The increasing threat of cyberattacks has resulted in increased efforts by both the U.K. government and regulatory authorities to coordinate efforts to influence cybersecurity risk management practices in the U.K. insurance sector, focusing...
Capital issuances and premium growth in the property-liability insurance industry: evidence from the financial crisis and COVID-19 recession [0.03%]
资本发行和溢价增长在财产责任保险业的证据：来自金融危机和COVID-19衰退的证据
Thomas R Berry-Stölzle,Meghan Irene Esson
Thomas R Berry-Stölzle
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...
Mamadou Bah,Nelson Abila
Mamadou Bah
This paper investigates the institutional determinants of insurance demand in Africa. We used a panel of 42 countries over the period 1996-2017. A system GMM approach was used for the estimations. Consistent with previous results, we find t...