"In this article we analyze a sample of international #insurers between 2013 and 2022, and show that the purchase of #reinsurance is negatively related to their #sustainability, as measured by #esg scores. Furthermore, we illustrate that insurers' losses decrease with higher levels of reinsurance and sustainability. However, while reinsurance brings down insurers' profitability, sound ESG scores are related to lower expenses and increasing profitability. Our interpretation is that strong ESG profiles may serve as a cheaper alternative to reinsurance for #riskmitigation."
top of page
Rechercher
Posts récents
Voir tout“As analysts are primary recipients of these reports, we investigate whether and how analyst forecast properties have changed following...
This study proposes a new method for detecting insider trading. The method combines principal component analysis (PCA) with random forest...
Cyber risk classifications often fail in out-of-sample forecasting despite their in-sample fit. Dynamic, impact-based classifiers...
bottom of page
Comments