create a website

Reinsurance and Sustainability: Evidence from International Insurers. (2023). Bressan, Silvia.
In: Journal of Applied Finance & Banking.
RePEc:spt:apfiba:v:13:y:2023:i:6:f:13_6_8.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 56

References cited by this document

Cocites: 25

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Effects from ESG Scores on P&C Insurance Companies. (2023). Bressan, Silvia.
    In: Sustainability.
    RePEc:gam:jsusta:v:15:y:2023:i:16:p:12644-:d:1221760.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. [1] Adams, M., Hardwick, P., and Zou, H. (2008). Reinsurance and corporate taxation in the United Kingdom life insurance industry. Journal of Banking & Finance, 32(1):101-115.

  2. [10] Cummins, J. D., Dionne, G., Gagné, R., and Nouira, A. (2021). The costs and benefits of reinsurance. The Geneva Papers on Risk and Insurance-Issues and Practice, 46:177-199.

  3. [11] Cummins, J. D. and Weiss, M. A. (2014). Systemic risk and the US insurance sector. Journal of Risk and Insurance, 81(3):489-528.

  4. [12] D’Arcy, S. P. and Garven, J. R. (1990). Property-liability insurance pricing models: An empirical evaluation. Journal of Risk and Insurance, pages 391430.
    Paper not yet in RePEc: Add citation now
  5. [13] Daugaard, D. (2020). Emerging new themes in environmental, social and governance investing: A systematic literature review. Accounting & Finance, 60(2):1501-1530.
    Paper not yet in RePEc: Add citation now
  6. [15] Edmans, A. (2021). Does sustainability reduce the cost of capital? https://cepr.org/ voxeu/columns/does-sustainability-reduce-cost-capital. Bressan
    Paper not yet in RePEc: Add citation now
  7. [16] EIOPA (2019). Consultation paper on an opinion on sustainability within Solvency II. https://register.eiopa.europa.eu/Publications/Consultations/ in_Solvency_II.pdf.
    Paper not yet in RePEc: Add citation now
  8. [17] Fama, E. F. and French, K. R. (1992). The cross-section of expected stock returns. the Journal of Finance, 47(2):427-465.

  9. [18] Finger, M., Gavious, I., and Manos, R. (2018). Environmental risk management and financial performance in the banking industry: A crosscountry comparison. Journal of International Financial Markets, Institutions and Money, 52:240-261.

  10. [19] Finken, S. and Laux, C. (2009). Catastrophe bonds and reinsurance: The competitive effect of information-insensitive triggers. Journal of Risk and Insurance, 76(3):579-605.

  11. [2] Adiel, R. (1996). Reinsurance and the management of regulatory ratios and taxes in the property-casualty insurance industry. Journal of Accounting and Economics, 22(13):207-240.

  12. [21] Froot, K. A. (2001). The market for catastrophe risk: A clinical examination. Journal of Financial Economics, 60(2-3):529-571.

  13. [22] Garven, J. R. and Lamm-Tennant, J. (2003). The demand for reinsurance: Theory and empirical tests. Insurance and Risk Management, 7(3):217-237.
    Paper not yet in RePEc: Add citation now
  14. [23] Gebhardt, W. R., Lee, C. M., and Swaminathan, B. (2001). Toward an implied cost of capital. Journal of Accounting Research, 39(1):135-176.

  15. [24] Gianfrate, G., Schoenmaker, D., and Wasama, S. (2015). Cost of capital and sustainability: A literature review. Rotterdam School of Management, Erasmus University, Working Paper.
    Paper not yet in RePEc: Add citation now
  16. [25] Giese, G., Lee, L.-E., Melas, D., Nagy, Z., and Nishikawa, L. (2019). Foundations of ESG investing: How ESG affects equity valuation, risk, and performance. The Journal of Portfolio Management, 45(5):69-83.
    Paper not yet in RePEc: Add citation now
  17. [26] Gurenko, E. and Itigin, A. (2013). Reinsurance as capital optimization tool under Solvency II. World Bank Policy Research Working Paper, (6306).

  18. [28] He, F., Ding, C., Yue, W., and Liu, G. (2023). ESG performance and corporate risk-taking: Evidence from China. International Review of Financial Analysis, 87:102550.

  19. [29] Hoerger, T. J., Sloan, F. A., and Hassan, M. (1990). Loss volatility, bankruptcy, and the demand for reinsurance. Journal of Risk and Uncertainty, 3:221-245.
    Paper not yet in RePEc: Add citation now
  20. [3] Berger, L. A., Cummins, J. D., and Tennyson, S. (1992). Reinsurance and the liability insurance crisis. Journal of Risk and Uncertainty, 5:253-272.

  21. [30] Hou, K., Van Dijk, M. A., and Zhang, Y. (2012). The implied cost of capital: A new approach. Journal of Accounting and Economics, 53(3):504-526.

  22. [31] Howatt, B., Zuber, R. A., Gandar, J. M., and Lamb, R. P. (2009). Dividends, earnings volatility and information. Applied Financial Economics, 19(7):551562.

  23. [32] Hoyt, R. E. and Khang, H. (2000). On the demand for corporate property insurance. Journal of Risk and Insurance, pages 91-107. Reinsurance and Sustainability: Evidence from International Insurers 179
    Paper not yet in RePEc: Add citation now
  24. [34] IAIS (2022). Global insurance market report (gimar). https://www.iaisweb.org/uploads/2022/12/GIMAR-2022.pdf.
    Paper not yet in RePEc: Add citation now
  25. [35] IMF (2016). Global financial stability report. https://www.imf.org/en/Publications/ GFSR/Issues/2016/12/31/PotentPolicies -for-a-Successful-Normalization.
    Paper not yet in RePEc: Add citation now
  26. [36] IMF (2019). Global financial stability report. https://www.imf.org/en/Publications/ GFSR/Issues/2019/10/01/globalfinancial -stability-report-october-2019.
    Paper not yet in RePEc: Add citation now
  27. [37] Jean-Baptiste, E. L. and Santomero, A. M. (2000). The design of private reinsurance contracts. Journal of Financial Intermediation, 9(3):274-297.

  28. [38] Kirti, D. and Shin, M. Y. (2020). Impact of COVID-19 on insurers. International Monetary Fund Research, pages 1-11.
    Paper not yet in RePEc: Add citation now
  29. [39] Lei, Y. (2019). Reinsurance and insurers’ risk-return profile. Journal of Insurance Issues, 42(1):37-65.

  30. [4] Berry-Stoelzle, T. R. and Xu, J. (2018). Enterprise risk management and the cost of capital. Journal of Risk and Insurance, 85(1):159-201.

  31. [40] Mankaï, S. and Belgacem, A. (2016). Interactions between risk taking, capital, and reinsurance for property–liability insurance firms. Journal of Risk and Insurance, 83(4):1007-1043.
    Paper not yet in RePEc: Add citation now
  32. [41] Mayers, D. and Smith Jr, C. W. (1990). On the corporate demand for insurance: Evidence from the reinsurance market. Journal of Business, pages 19-40.

  33. [42] Miralles‐Quirós, M. M., Miralles‐Quirós, J. L., and Redondo‐Hernández, J. (2019). The impact of environmental, social, and governance performance on stock prices: Evidence from the banking industry. Corporate Social Responsibility and Environmental Management, 26(6):1446-1456.

  34. [43] Modigliani, F. and Miller, M. H. (1958). The cost of capital, corporation finance and the theory of investment. The American Economic Review, 48(3):261-297.
    Paper not yet in RePEc: Add citation now
  35. [44] MSCI (2020). ESG and the cost of capital. https://www.msci.com/www/blogposts / esg-and-the-cost-of-capital/01726513589.
    Paper not yet in RePEc: Add citation now
  36. [45] Myers, S. C. (1977). Determinants of corporate borrowing. Journal of Financial Economics, 5(2):147-175.

  37. [46] NAIC (2022a). Redesigned state climate risk disclosure survey. https://content.naic. org/sites/default/files/inlinefiles /2022RevisedStateClimateRiskSurvey. pdf.
    Paper not yet in RePEc: Add citation now
  38. [47] NAIC (2022b). Reinsurance. https://content.naic.org/cipr-topics/reinsurance.
    Paper not yet in RePEc: Add citation now
  39. [48] Park, S. C. and Xie, X. (2014). Reinsurance and systemic risk: The impact of reinsurer downgrading on property–casualty insurers. Journal of Risk and Insurance, 81(3):587-622.

  40. [49] Powell, L. S. and Sommer, D. W. (2007). Internal versus external capital markets in the insurance industry: The role of reinsurance. Journal of Financial Services Research, 31(2):173-188. Bressan

  41. [5] Brogi, M., Cappiello, A., Lagasio, V., and Santoboni, F. (2022). Determinants of insurance companies’ environmental, social, and governance awareness. Corporate Social Responsibility and Environmental Management, 29(5):13571369.

  42. [50] PRA (2019). Enhancing banks’ and insurers’ approaches to managing the financial risks from climate change. https://www.bankofengland.co.uk/- /media/boe/ files/prudential-regulation/policy-statement/2019/ps1119.
    Paper not yet in RePEc: Add citation now
  43. [51] Rossi, M.-L. and Lowe, N. (2002). Regulating reinsurance in the global market. The Geneva Papers on Risk and Insurance. Issues and Practice, 27(1):122-133.

  44. [52] Scordis, N. A., Suzawa, Y., Zwick, A., and Ruckner, L. (2014). Principles for sustainable insurance: Risk management and value. Risk Management and Insurance Review, 17(2):265-276.

  45. [53] SEC (2022). SEC proposes rules to enhance and standardize climate-related disclosures for investors. https://www.sec.gov/news/press-release/2022-46.
    Paper not yet in RePEc: Add citation now
  46. [54] Shiu, Y. M. (2011). Reinsurance and capital structure: Evidence from the United Kingdom non-life insurance industry. Journal of Risk and Insurance, 78(2):475-494.

  47. [55] Smith, C. W. and Stulz, R. M. (1985). The determinants of firms’ hedging policies. Journal of Financial and Quantitative Analysis, 20(4):391–405.
    Paper not yet in RePEc: Add citation now
  48. [56] Switzer, L. N., Tu, Q., and Wang, J. (2018). Corporate governance and default risk in financial firms over the post-financial crisis period: International evidence. Journal of International Financial Markets, Institutions and Money, 52:196–210.

  49. [57] UNEP FI (2012). Principles for sustainable insurance. https://www.unepfi.org/ insurance/insurance/the-principles/.
    Paper not yet in RePEc: Add citation now
  50. [58] Upreti, V., Adams, M., and Jia, Y. (2022). Risk management and the cost of equity: Evidence from the United Kingdom’s non-life insurance market. The European Journal of Finance, 28(6):551-570.

  51. [59] Weiss, M. A. and Chung, J.-H. (2004). US reinsurance prices, financial quality, and global capacity. Journal of Risk and Insurance, 71(3):437-467.

  52. [6] Capelle-Blancard, G. and Monjon, S. (2012). Trends in the literature on socially responsible investment: Looking for the keys under the lamppost. Business Ethics: A European Review, 21(3):239-250.

  53. [60] Zellner, A. and Theil, H. (1962). Three-stage least squares: Simultaneous estimation of simultaneous equations. Econometrica, 30(1):54-78. Reinsurance and Sustainability: Evidence from International Insurers 181
    Paper not yet in RePEc: Add citation now
  54. [7] Carson, J. M. and Hoyt, R. E. (1995). Life insurer financial distress: Classification models and empirical evidence. Journal of Risk and Insurance, pages 764-775.
    Paper not yet in RePEc: Add citation now
  55. [8] Cole, C. R. and McCullough, K. A. (2006). A reexamination of the corporate demand for reinsurance. Journal of Risk and Insurance, 73(1):169-192.

  56. [9] Cole, C. R. and McCullough, K. A. (2008). A comparative analysis of US property and casualty reinsurers and insurers. Risk Management and Insurance Review, 11(1):179-207.

Cocites

Documents in RePEc which have cited the same bibliography

  1. How do underwriting and investment activities affect P&C insurers’ capital adjustments? Evidence from Canada. (2025). Lai, Van Son ; Guidara, Alaa ; Zhao, Yang ; Yu, Min-Teh.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:64:y:2025:i:2:d:10.1007_s11156-024-01314-z.

    Full description at Econpapers || Download paper

  2. The market price to embedded value gap: an analysis of European life insurers. (2024). , Jason ; Yang, Charles C.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:62:y:2024:i:1:d:10.1007_s11156-023-01196-7.

    Full description at Econpapers || Download paper

  3. Reinsurance and Sustainability: Evidence from International Insurers. (2023). Bressan, Silvia.
    In: Journal of Applied Finance & Banking.
    RePEc:spt:apfiba:v:13:y:2023:i:6:f:13_6_8.

    Full description at Econpapers || Download paper

  4. Executive compensation and corporate risk management. (2023). Yun, Jiyeon ; Carson, James M ; Eckles, David L.
    In: Journal of Risk & Insurance.
    RePEc:bla:jrinsu:v:90:y:2023:i:2:p:521-557.

    Full description at Econpapers || Download paper

  5. Organisational structure, corporate governance and reinsurance decisions in the U.S. property-liability insurance industry. (2022). Han, Sangyong ; Jin, Licheng ; Lai, Gene ; Ho, Chia-Ling.
    In: The Geneva Papers on Risk and Insurance - Issues and Practice.
    RePEc:pal:gpprii:v:47:y:2022:i:4:d:10.1057_s41288-021-00238-2.

    Full description at Econpapers || Download paper

  6. Reinsurance and Financial Performance of Non-life Insurance Companies in Ghana. (2021). Yamoah, Susana Adobea ; Andoh, Charles.
    In: Management and Labour Studies.
    RePEc:sae:manlab:v:46:y:2021:i:2:p:161-174.

    Full description at Econpapers || Download paper

  7. The costs and benefits of reinsurance. (2021). Dionne, Georges ; Gagne, Robert ; Cummins, David J ; Nouira, Abdelhakim.
    In: Working Papers.
    RePEc:ris:crcrmw:2008_001.

    Full description at Econpapers || Download paper

  8. The costs and benefits of reinsurance. (2021). Dionne, Georges ; Gagne, Robert ; Cummins, David J ; Nouira, Abdelhakim.
    In: The Geneva Papers on Risk and Insurance - Issues and Practice.
    RePEc:pal:gpprii:v:46:y:2021:i:2:d:10.1057_s41288-021-00216-8.

    Full description at Econpapers || Download paper

  9. How does reinsurance and derivatives usage affect financial performance? Evidence from the UK non-life insurance industry. (2020). Shiu, Yung-Ming.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:88:y:2020:i:c:p:376-385.

    Full description at Econpapers || Download paper

  10. The effects of business mix on internal and external reinsurance usage. (2019). Shiu, Yung-Ming ; Hsiao, Ching-Yuan.
    In: The Geneva Papers on Risk and Insurance - Issues and Practice.
    RePEc:pal:gpprii:v:44:y:2019:i:4:d:10.1057_s41288-019-00138-6.

    Full description at Econpapers || Download paper

  11. An Empirical Study on Determinants of Business Performance of Korean Non-life Insurance Companies (Focused on ROA). (2019). Kim, Sang Youl ; Park, Sang-Bum.
    In: International Journal of Economics and Finance.
    RePEc:ibn:ijefaa:v:11:y:2019:i:10:p:118-129.

    Full description at Econpapers || Download paper

  12. Corporate Reinsurance Utilisation and Capital Structure: Evidence from Pakistan Insurance Industry. (2018). Ali, Syed Sikander ; Sheikh, Sana ; Syed, Ali Murad.
    In: The Geneva Papers on Risk and Insurance - Issues and Practice.
    RePEc:pal:gpprii:v:43:y:2018:i:2:d:10.1057_s41288-017-0063-2.

    Full description at Econpapers || Download paper

  13. On the Corporate Demand for Insurance: Evidence From the Global Reinsurance Market. (2018). Altuntas, Muhammed ; Rauch, Jannes ; Garven, James.
    In: Risk Management and Insurance Review.
    RePEc:bla:rmgtin:v:21:y:2018:i:2:p:211-242.

    Full description at Econpapers || Download paper

  14. Reinsurance Demand and Liquidity Creation. (2017). Dionne, Georges ; Desjardins, Denise.
    In: Working Papers.
    RePEc:ris:crcrmw:2017_003.

    Full description at Econpapers || Download paper

  15. Strategies for Prevention: Mental Health Nurse Burnout and Stress. (2016). Kripa, Dorina ; Ajasllari, Dorina .
    In: European Journal of Multidisciplinary Studies Articles.
    RePEc:eur:ejmsjr:43.

    Full description at Econpapers || Download paper

  16. Interactions Between Risk-Taking, Capital, and Reinsurance for Property- Liability Insurance Firms. (2014). Mankaï, Selim ; Belgacem, Aymen.
    In: Working Papers.
    RePEc:ipg:wpaper:2014-154.

    Full description at Econpapers || Download paper

  17. Reinsurance decisions in life insurance: An empirical test of the risk–return criterion. (2014). Sherris, Michael ; Veprauskaite, Elena.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:35:y:2014:i:c:p:128-139.

    Full description at Econpapers || Download paper

  18. Interactions Between Risk-Taking, Capital, and Reinsurance for Property-Liability Insurance Firms. (2013). Mankai, Selim ; Belgacem, Aymen.
    In: Working Papers.
    RePEc:hal:wpaper:hal-04141190.

    Full description at Econpapers || Download paper

  19. Interactions Between Risk-Taking, Capital, and Reinsurance for Property-Liability Insurance Firms. (2013). Mankaï, Selim ; Belgacem, Aymen ; Mankai, Selim.
    In: EconomiX Working Papers.
    RePEc:drm:wpaper:2013-24.

    Full description at Econpapers || Download paper

  20. Does property rights protection affect corporate risk management strategy? Intra- and cross-country evidence. (2012). Zou, Hong ; Lin, Chen.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:18:y:2012:i:2:p:311-330.

    Full description at Econpapers || Download paper

  21. Are non-risk based capital requirements for insurance companies binding?. (2010). Kakes, Jan ; de Haan, Leo.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:34:y:2010:i:7:p:1618-1627.

    Full description at Econpapers || Download paper

  22. Hedging Affecting Firm Value via Financing and Investment: Evidence from Property Insurance Use. (2010). Zou, Hong.
    In: Financial Management.
    RePEc:bla:finmgt:v:39:y:2010:i:3:p:965-996.

    Full description at Econpapers || Download paper

  23. The capitalization of taxes in bond prices: Evidence from the market for Government of Canada bonds. (2009). Landon, Stuart.
    In: EERI Research Paper Series.
    RePEc:eei:rpaper:eeri_rp_2009_20.

    Full description at Econpapers || Download paper

  24. The capitalization of taxes in bond prices: Evidence from the market for Government of Canada bonds. (2009). Landon, Stuart.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:33:y:2009:i:12:p:2175-2184.

    Full description at Econpapers || Download paper

  25. The Costs and Benefits of Reinsurance. (2008). Dionne, Georges ; Cummins, John ; Gagne, Robert ; Nouira, Abdelhakim.
    In: Cahiers de recherche.
    RePEc:iea:carech:0804.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-23 11:58:11 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.