During 2008 and 2009, the insurance industry experienced unprecedented volatility. The
large swings in insurers' market valuations, and the significant role that financial reporting …

Our aim is to investigate the sensitivity of financial sector stock returns to market, interest
rate, and exchange rate risk in three financial sectors (financial services, banking, and …

This paper investigates how extreme oil price shocks affect the stock market returns of major
oil-exporter countries (Gulf Cooperation Council [GCC] countries) at different time horizons …

The authors examine the interest rate risk of life insurers by estimating the sensitivity of their
stock returns to changes in the return on bonds over a time frame that includes a relatively …

We examine the risk and return linkages across US commercial banks, securities firms, and
life insurance companies during the 1991–2001 period. After controlling for changes in the …

This chapter explains why the insurance sector may be a source for systemic risk. In brief, it
states that the insurance industry is no longer traditional and instead (i) offers products with …

Purpose This paper aims to examine the effect of concentration in the insurance sector on
insurer stability for a large set of developed and develo** countries. In particular, the …

We examine market risk, interest rate risk, and interdependencies in returns and return
volatilities across three insurer segments within a System‐GARCH framework. Three main …

The research is conducted to analyze the impact of internal and external factors on
theprofitability of insurance companies by taking into consideration three measures of …

Interest rate dynamic effect on stock returns is examined under different levels of central
bank transparency under an asset pricing context. Using a large set of emerging countries in …