Search

The Growing importance of financial spillovers from emerging market economies. The insurance sector : trends and systemic risk implications

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000caa a22000004b 4500
001  MAP20160011609
003  MAP
005  20160406163101.0
008  160406s2016 usa|||| ||| ||spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
24514‎$a‎The Growing importance of financial spillovers from emerging market economies. The insurance sector‎$b‎: trends and systemic risk implications
500  ‎$a‎se incluye resumen en español
5050 ‎$a‎Chapter 2 and 3
520  ‎$a‎Trade and financial integration of emerging market economies into the global economy and financial system has increased significantly over the past two decades. As a result, spillovers of emerging market shocks to equity prices and exchange rates in advanced and emerging market economies have risen substantially and now explain over a third of the variation in asset returns in these countries -- The major insurance sector developments over the past decade and assesses changes in the systemic importance of insurers. Insurance firms play an important role as providers of protection against financial and economic risks and as financial intermediaries. The chapter shows that across advanced economies the contribution of life insurers to systemic risk has increased in recent years, although it clearly remains below that of banks. This increase is largely due to growing common exposures to aggregate risk, caused partly by a rise in insurers¿ interest rate sensitivity
650 4‎$0‎MAPA20080597641‎$a‎Mercados financieros
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080591922‎$a‎Mercados emergentes
650 4‎$0‎MAPA20080602161‎$a‎Integración económica
650 4‎$0‎MAPA20080623081‎$a‎Globalización de la economía
650 4‎$0‎MAPA20100016923‎$a‎Riesgo sistémico
650 4‎$0‎MAPA20080578527‎$a‎Tipos de interés
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
650 4‎$0‎MAPA20080611880‎$a‎Perspectivas del seguro
7730 ‎$t‎Global financial stability report (GFSR) : potential policies for a successful normalization.- Whashington : International Monetary Fund, 2016