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Risk Transfer and the Insurance Industry

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  • Gerd H&aauml;usler

    (International Capital Markets Department, International Monetary Fund, Washington, DC, USA.)

Abstract

This paper asks whether the transfer of risk from banking to non-banking institutions, such as insurers, has reduced risk for the financial system as a whole or merely shifted it to less transparent sectors. If the latter is the case, then it may be that new forms of risk and vulnerability are being introduced into the global financial system. The Geneva Papers (2005) 30, 121–127. doi:10.1057/palgrave.gpp.2510004

Suggested Citation

  • Gerd H&aauml;usler, 2005. "Risk Transfer and the Insurance Industry," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 30(1), pages 121-127, January.
    • Handle: RePEc:pal:gpprii:v:30:y:2005:i:1:p:121-127
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