Insurance

Erik Heitfield, Mallick Hossain and Katie Merritt, “Premiums or Peril”
Federal Reserve Board, Washington, D.C., Working paper n° 2026-063

Posted in: Articolo

Set 24 2026
Abstract: Using fine-grained data on 465,000 Florida home sales over twelve years and semiparametric machine learning methods, we examine how home prices respond to weather-related risk factors. After controlling for geography, home characteristics, and transaction features, we find that home prices are negatively related to ...more »

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Margherita Giuzio, Linda Rousová, Sujit Kapadia, Hradayesh Kumar, Luisa Mazzotta, Miles Parker and Dimitris Zafeiris, “Climate change, catastrophes, insurance and the macroeconomy”
European Central Bank, Working paper n° 3184

Posted in: Articolo

Mar 26 2026
Abstract: This paper examines the role of insurance in mitigating the adverse macroeconomic effects of climate-related catastrophes. We first develop a stylised theoretical growth model which incorporates a role for natural catastrophes, climate change and insurance. This illustrates how insurance can mitigate the impact of ...more »

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Somnath Chatterjee and David Humphry, “Solvency and systemic risk of European life insurers”
Bank of England, Working paper n° 1168

Posted in: Articolo

Gen 29 2026
Abstract: The paper presents two risk-based capital frameworks for systemically important European life insurers by drawing a distinction between solvency risk and systemic risk. Solvency risk arises when the value of a life insurer’s assets falls below some threshold proportion of its liabilities. To assess ...more »
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