Global Financial Stability Report

Risk Transfer and the insurance industry

October 21, 2004

Preview Citation

Format: Chicago

Risk Transfer and the insurance industry, (USA: International Monetary Fund, 2004) accessed November 21, 2024

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.

Subject: Corporate bonds, Credit, Financial institutions, Insurance, Insurance companies, Money, Stocks

Keywords: Corporate bonds, Cost of capital, Credit, Europe, Financial condition, Fixed income, GFSR, Global, Insurance, Insurance companies, Life insurance product, Market assets, Market downturn, Market participant, Market structure, Market valuation, Market value, Market volatility, Stocks, Treasury note

Publication Details

  • Pages:

    35

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Global Financial Stability Report No. 2004/005

  • Stock No:

    GFSREA2004102

  • ISBN:

    9781451939323

  • ISSN:

    1729-701X