Insurance and Financial Stability

17 Pages Posted: 5 Oct 2015

See all articles by Andrea French

Andrea French

Bank of England

Mathieu Vital

Bank of England

Dean Minot

Bank of England

Date Written: September 18, 2015

Abstract

Insurance companies play an important role in supporting economic activity. But insurers are exposed to a number of risks and can become distressed or fail. This article considers a number of channels through which insurance companies could have adverse effects on financial stability, including: how insurer distress or failure might disrupt the provision of critical services to the real economy; and how their behaviours can propagate systemic risk in the financial system. The Financial Policy Committee has an ongoing work-plan to assess the extent of risks to financial stability from insurance companies’ activities.

Suggested Citation

French, Andrea and Vital, Mathieu and Minot, Dean, Insurance and Financial Stability (September 18, 2015). Bank of England Quarterly Bulletin 2015 Q3, Available at SSRN: https://ssrn.com/abstract=2667479

Andrea French (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Mathieu Vital

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Dean Minot

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

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