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The Central Bank "put": with tighter financial conditions the goal, underwriting discipline is key

Recurso electrónico / Electronic resource
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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24514‎$a‎The Central Bank "put": with tighter financial conditions the goal, underwriting discipline is key
260  ‎$a‎Adliswil, Swiss‎$b‎Swiss Re Institute‎$c‎2022
300  ‎$a‎2 p
4900 ‎$a‎Economic insights‎$v‎Issue 22/2022
520  ‎$a‎Not all central banks puts are created equal. Relative to prior episodes of monetary tightening, today's inflation level and momentum inhibits a significant central bank pivot towards more accommodative policies. We believe the central bank "put" does still exist in case of severe financial market malfunctioning, but volatility and tighter financial conditions are currently the central bank objective and not a reason to cave in. For insurers, tighter financial conditions reinforce the need for underwriting discipline
650 4‎$0‎MAPA20080597641‎$a‎Mercados financieros
650 4‎$0‎MAPA20080551346‎$a‎Inflación
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080608835‎$a‎Suscripción de riesgos
830 0‎$0‎MAPA20190002226‎$a‎Economic Insights