Insurance Initiative Research
The Chicago Fed Insurance Initiative aims to understand the role of the insurance industry in the overall economy, with an emphasis on the industry’s role in the financial sector. We feel that deeper knowledge of the insurance industry will have payoffs for both policy and research.
Chicago Fed Insights
More Chicago Properties at Risk for Flooding Than
Flood Maps Suggest
Andy Polacek
Chicago Fed Insights
2020, August
Chicago Fed Letter
How Vulnerable Are Insurance Companies to a
Downturn in the Municipal Bond Market?
Andy Polacek and Shanthi Ramnath
Chicago Fed Letter
2021, No. 451
What Is Business Interruption Insurance and How
Is It Related to the Covid-19 Pandemic?
Shanthi Ramnath
Chicago Fed Letter
2020, No. 440
Financial Life After the Death of a
Spouse
Itzik Fadlon, Shanthi Ramnath, Patricia K. Tong, and Lisa Camner McKay
Chicago Fed Letter
2020, No. 438
The Growth and Challenges of Cyber
Insurance
Andrew Granato and Andy Polacek
Chicago Fed Letter
2019, No. 426
Flooding and Finances: Hurricane Harvey’s
Impact on Consumer Credit
Daniel Hartley, Eleni Packis, and Ben Weintraut
Chicago Fed Letter
2019, No. 415
Homeowners’ Financial Protection Against
Natural Disasters
Alejandro H. Drexler, Andrew Granato, and Richard J. Rosen
2019, No. 409
Catastrophe Bonds: A Primer and
Retrospective
Andy Polacek
2018, No. 405
The Risks of Pricing New Insurance Products: The
Case of Long-Term Care
Zain Mohey-Deen and Richard J. Rosen
2018, No. 397
How Much Risk Do Variable Annuity Guarantees Pose
to Life Insurers?
Alejandro H. Drexler , Thanases Plestis , Richard J. Rosen
2017, No. 384
Rules and Discretion in Life Insurance
Regulation
Alejandro H. Drexler Zain Mohey-Deen and Richard J. Rosen
2017, No. 373
Do Insurers in Catastrophe-Prone Regions Buy
Enough Reinsurance?
Florentine M. Eloundou Nekoul and Alejandro H. Drexler
2016, No. 360
How Do Property and Casualty Insurers Manage
Risk? The Role of Reinsurance
Andy Polacek
2015, No. 334
Understanding the Relationship between Life
Insurers and the Federal Home Loan Banks
Kyal Berends, Robert McMenamin, Anna Paulson and Richard J. Rosen
2014, No. 318
What Do U.S. Life Insurers Invest in?
Robert McMenamin, Anna Paulson, Thanases Plestis and Richard J. Rosen
2013, No. 309
How Liquid Are U.S. Life Insurance
Liabilities?
Robert McMenamin, Zain Mohey-Deen, Anna Paulson and Richard J. Rosen
2012, No. 302
Economic Perspectives
What Explains the Decline in Life Insurance Ownership?
Daniel Hartley, Anna Paulson and Katerina Powers
2017, Vol. 41, No. 8
Derivatives and Collateral at U.S. Life Insurers
Kyal Berends and Thomas King
2015, First Quarter
The Sensitivity of Life Insurance Firms to Interest Rate Changes
Kyal Berends, Robert McMenamin, Thanases Plestis and Richard J. Rosen
2013, Second Quarter
Working Papers
The Life Insurance Industry and Systemic Risk: A Bond Market Perspective
Anna Paulson and Richard J. Rosen
Working Paper
2016, No. 2016-04
Measuring Interest Rate Risk in the Life Insurance Sector: The U.S. and the U.K.
Daniel Hartley, Anna Paulson and Richard J. Rosen
Working Paper
2016, No. 2016-02
AIG in Hindsight
Robert McDonald ,Anna Paulson
2014, No. 2014-07
Other Publications
Climate Change and Financial Stability
Celso Brunetti, Benjamin Dennis, Dylan Gates, Diana Hancock, David Ignell, Elizabeth K. Kiser, Gurubala Kotta,
Anna Kovner, Richard J. Rosen, and Nicholas K. Tabor
FEDS Notes
2021, March
Income Responses to the Affordable Care
Act: Evidence from a Premium Tax Credit Notch
Bradley T. Heim, Gillian Hunter, Adam Isen, Ithai Z. Lurie, and Shanthi P.Ramnath
Journal of Health Economics
2021, Vol. 76
Exposure to catastrophe risk and use of reinsurance: an empirical evaluation for the U.S.
Alejandro Drexler, and Richard Rosen
The Geneva Papers on Risk and Insurance - Issues and Practice
2020