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Showcases examples of innovative public-private risk-transfer programs for weather and disaster- related insurance and the essential role governments have in providing access to affordable insurance.

This book presents an in-depth historical and analytical review of the reform process in the Russian insurance sector. The report examines the state of the Russian insurance industry, analyses market dynamics and structure, and assesses the major reform initiatives that have occurred in the sector over the past years. Of crucial importance in the reform process was the revision of the organisational structure of the Russian insurance business, improvement of solvency and capitalization requirements for insurance companies, liberalization of the market, and enhancement of supervisory overs

Sumario: Summary -- Socioeconomic context -- Growth of the insurance market -- Growth of the insurance market by lines -- Structural trends in the insurance market -- New legislation -- Methodological aspects -- Index of tables and charts -- Statistical appendix

Altres ajuts: P01AG005842 ; Altres ajuts: RC4AG039036 ; Altres ajuts: ICMIS130002 ; We study the consequences of imposing a minimum coverage in an insurance market where enrollment is mandatory and agents have private information on their true risk type. If the regulation is not too stringent, the equilibrium is separating in which a single insurer monopolizes the high risks while the rest attract the low risks, all at positive profits. Hence individuals, regardless of their type, "subsidize" insurers. If the legislation is sufficiently stringent the equilibrium is pooling, all insurers just break even and low risks subsidize high risks. None of these results require resorting to non-Nash equilibrium notions.

To gauge the competitiveness of the group health insurance industry, I investigate whether health insurers charge higher premiums, ceteris paribus, to more profitable firms. Such "direct price discrimination" is feasible only in imperfectly competitive settings. Using a proprietary national database of health plans offered by a sample of large, multisite firms from 1998–2005, I find firms with positive profit shocks subsequently face higher premium growth, even for the same health plans. Moreover, within a given firm, those sites located in concentrated insurance markets experience the greatest premium increases. The findings suggest health care insurers are exercising market power in an increasing number of geographic markets. (JEL G22, I11, I18, L11, L25)

Sumario: Summary -- Socioeconomic context -- Insurance market performance --Insurance market performance by brands -- New legislation -- Methodology -- Index of figures and tables

Sumario: Summary -- Social and Economic Context -- Insurance Market Performance -- Insurance Market Performance by Branch -- New Legislation -- Methodology -- Index of Figures and Tables

Sumario: Summary -- Social and economic context -- Evolution of the insurance market -- Evolution of the insurance market by branch -- New legislation -- Methodology

Sumario: Summary -- Social and economic context -- Evolution of the insurance market -- Evolution of the insurance market by branch -- New legislation -- Methodology