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- W2888577553 endingPage "856" @default.
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- W2888577553 abstract "This study provides empirical evidence regarding the impact of measures concerning insurance activity on the likelihood of financial crises. Based on a large dataset covering insurance firms from 30 selected OECD countries and a probit model that regresses a crisis variable on firm-specific and country-specific factors, the results show that a higher level of insurance firm’s performance is associated with a lower likelihood of a financial crisis. However, higher degrees of financial liberalization and public governance increase such a likelihood. The findings herein are particularly relevant for policymakers and life insurance supervisors." @default.
- W2888577553 created "2018-08-31" @default.
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- W2888577553 date "2019-04-01" @default.
- W2888577553 modified "2023-10-18" @default.
- W2888577553 title "Financial crises, globalization, and insurer performance: Some international evidence" @default.
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- W2888577553 doi "https://doi.org/10.1016/j.najef.2018.08.015" @default.
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