Data and Code for: Global Life Insurers during a Low Interest Rate Environment
收藏ICPSR2022-01-01 更新2026-04-16 收录
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资源简介:
Life insurers’ business model has changed with the growth of insurance products with minimum return guarantees that are exposed to market and interest risks. The interest risk exposure of US and European insurers increased in the low interest rate environment after the global financial crisis and the European sovereign debt crisis, respectively. The relative fragility of life insurers is highly persistent across the global financial crisis, the European sovereign debt crisis, and the COVID-19 crisis. European insurers with a higher share of liabilities with minimum return guarantees in 2016 had lower stock returns during the COVID-19 crisis.
提供机构:
University of Chicago. Booth School of Business; Princeton University
创建时间:
2022-01-01



