An Empirical Analysis of Market Reactions to the First Solvency and Financial Condition Reports in the European Insurance Industry

2019 ◽  
Vol 87 (2) ◽  
pp. 407-436 ◽  
Author(s):  
Nadine Gatzert ◽  
Dinah Heidinger
Keyword(s):  
Empirical Analysis ◽  
Insurance Industry ◽  
Market Reactions ◽  
Financial Condition ◽  
European Insurance

scholarly journals Awareness of climate risks and opportunities: empirical evidence on determinants and value from the U.S. and European insurance industry

2021 ◽  
Author(s):  
Nadine Gatzert ◽  
Philipp Reichel
Keyword(s):  
Climate Change ◽  
Fixed Effects ◽  
Insurance Industry ◽  
Insurance Companies ◽  
Fixed Effects Model ◽  
Climate Risks ◽  
European Insurance ◽  
Value Effect ◽  
Reporting Data ◽  
The U.S

AbstractIn this paper, we study the awareness of European and U.S. insurance companies of climate-related risks and opportunities using a respective indicator from the Refinitiv Eikon database that uses reporting data. Based on this, we examine the determinants and value of the awareness of business risks and opportunities resulting from climate change, which, to the best of our knowledge, has not been done so far, despite its increasing and specific relevance for the insurance industry. We use a logistic regression analysis as well as a linear fixed effects model for a 10-year period from 2009 to 2018. Our results show that larger European insurers are significantly more likely to exhibit such awareness. When controlling for subsectors, property & casualty insurers tend to be aware of the risks and opportunities resulting from climate change. Moreover, when using the linear fixed effects model, we find a statistically significant positive value effect on Tobin’s Q.

scholarly journals An Empirical Analysis of the Factors Influencing the Development of Insurance Industry in China

SAGE Open ◽  
2020 ◽  
Vol 10 (4) ◽  
pp. 215824402097159
Author(s):  
Ting Li ◽  
Menggang Li
Keyword(s):  
Empirical Analysis ◽  
Insurance Industry ◽  
Robustness Analysis ◽  
Climate Index ◽  
Financial Openness ◽  
Economic Climate ◽  
Fixed Assets ◽  
Major Factors ◽  
Investment In Fixed Assets ◽  
The Relationship

This article analyzes the relationship between inflation, increase of investment in fixed assets, monetary policy, financial openness, national savings, macro-economic climate index, deposit rate, and the development of insurance industry in China. We set the incremental indicators as the variables and constructed an analysis integrating a multiple linear regression, stepwise regression, and robustness analysis, and used historical monthly data sample during the period of January 2004 to December 2017 for empirical analysis. The result indicates that (a) the national savings and macro-economic climate index are the major factors that influence the development of insurance industry in China by now; (b) to improve the development of insurance industry, both the economic growth and people’s income should continue to advance; and (c) financial openness should be paid more attention to, which is insufficient, and there is lack of competitive vitality in the whole insurance market.

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