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The Moral Hazard of Insuring the Insurers

In: The Financing of Catastrophe Risk

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  • James G. Bohn
  • Brian Hall

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Suggested Citation

  • James G. Bohn & Brian Hall, 1999. "The Moral Hazard of Insuring the Insurers," NBER Chapters, in: The Financing of Catastrophe Risk, pages 363-390, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:7955
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    File URL: http://www.nber.org/chapters/c7955.pdf
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    References listed on IDEAS

    as
    1. Merton, Robert C., 1977. "An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory," Journal of Banking & Finance, Elsevier, vol. 1(1), pages 3-11, June.
    2. James, Christopher, 1991. "The Losses Realized in Bank Failures," Journal of Finance, American Finance Association, vol. 46(4), pages 1223-1242, September.
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    Cited by:

    1. Lindset Snorre, 2008. "Risk-Based Pre-Funding of Guaranty Funds in Life Insurance," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 2(2), pages 1-10, March.
    2. Torben Andersen, 2001. "Managing Economic Exposures of Natural Disasters: Exploring Alternative Financial Risk Management Opportunities and Instruments," IDB Publications (Working Papers) 8934, Inter-American Development Bank.
    3. Dong, Ming & Gründl, Helmut & Schlütter, Sebastian, 2012. "The risk-shifting behavior of insurers under different guarantee schemes," ICIR Working Paper Series 12/12, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    4. Dionne, Georges & Harrington, Scott, 2017. "Insurance and Insurance Markets," Working Papers 17-2, HEC Montreal, Canada Research Chair in Risk Management.
    5. Barker, David, 2003. "Terrorism insurance subsidies and social welfare," Journal of Urban Economics, Elsevier, vol. 54(2), pages 328-338, September.
    6. Sabine Lemoyne de Forges & Ruben Bibas & Stéphane Hallegatte, 2001. "A dynamic model of extreme risk coverage : Resilience and e fficiency in the global reinsurance market," CIRED Working Papers halshs-00800460, HAL.
    7. Mathieu Gatumel & Sabine Lemoyne de Forges, 2013. "Understanding and Monitoring Reinsurance Counterparty Risk," Post-Print hal-00946934, HAL.
    8. Steven W. Pottier & David W. Sommer, 2006. "Opaqueness in the Insurance Industry: Why Are Some Insurers Harder to Evaluate than Others?," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 9(2), pages 149-163, September.
    9. Patricia C. Mosser & Joseph Tracy & Joshua Wright, 2013. "The capital structure and governance of a mortgage securitization utility," Staff Reports 644, Federal Reserve Bank of New York.

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