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SUMMARY:Portability of deposits and policies: Why do banks react different
 ly from insurers?
DTSTART:20190520T120000
DTEND:20190520T130000
DTSTAMP:20260916T142246Z
UID:7dd1e2a9e5a741cad77af5b4c8e2d22972eb33eb675416af650ba78d
CATEGORIES:Conferences - Seminars
DESCRIPTION:Peter ZWEIFEL\, University of Zurich\nWe investigate why some 
 banks (insurers) resist an obligatory portability increase in deposits (in
 surance policies) whereas others embrace it. To this end\, we model the im
 pact of portability on the profitability of banks and insurers conditioned
  on the entity initial solvency level. Our model suggests that mandated po
 rtability increase benefits banks (insurers) with an above-benchmark (belo
 w-benchmark) initial solvency level benefit\, while hurting the rest. We t
 hus demonstrate that the difference in business models between banks and i
 nsurers is of considerable relevance for assessing the impact of uniform r
 egulation on their respective profitability – and hence their stance wit
 h regard to that regulation.\n 
LOCATION:UNIL\, Extranef\, room 126 https://planete.unil.ch/plan/?local=EX
 T-126
STATUS:CONFIRMED
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