Insurance Industry:: super-spreaders of systemic risk


Who do you believe…not who do you want to believe? Are they or aren’t they?panic button

I am far from an expert on the subject but, from what I do know, I have a “bad feeling” about aspects of the Geneva Association perspective and UK stance (as opposed to USA) on what constitutes “systemically important”. Rather than repeat myself, I have outlined my thoughts in this article which contains links to other, related, items.

If you are interested in getting deeper into the subject, particularly if you like getting into the maths, you are going to have fun with this paper from Nov. 2011: Econometric Measures of Connectedness and Systemic Risk in the Finance and Insurance Sectors Read more of this post