期刊論文
| 學年 | 112 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2024-05-28 |
| 作品名稱 | Insurer hedging amidst the interplay of black and green swans toward SDGs 3 and 7 |
| 作品名稱（其他語言） | |
| 著者 | Lin, Jyh-horng |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | Energy Economics 135, 107657 |
| 摘要 | Amid regional conflicts and global warming, the interplay of catastrophic events (black swans) and sustainability issues (green swans) emerges, impacting sustainable insurance and environmental initiatives tied to Sustainable Development Goals (SDGs) 3 (Good Health and Well-being) and 7 (Affordable and Clean Energy). This paper develops a structure-break down-and-out option model to investigate insurer hedging strategies toward SDGs 3 and 7 in the context of sustainable insurance amidst the intertwined dance of black and green swans. There are several main results shown as follows. Enhancing hedging strategies bolsters an insurer’s interest margin and mitigates default risk. As the impact of events like regional conflicts and global warming intensifies, the adverse effects of hedging on default risk become clearer, enhancing insurance stability. Both black and green swan events positively affect the insurer’s interest margin and default risk. Strict capital regulations are vital for sustainable insurance, safeguarding policyholders and fostering stability during extreme events. In essence, employing robust hedging strategies and adhering to rigorous capital regulations within the framework of sustainable insurance, considering both black and green swan events, proves to be instrumental in advancing toward the achievement of SDGs 3 and 7. |
| 關鍵字 | Black swan;Green swan;Insurer hedging;SDG 3;SDG 7 |
| 語言 | en |
| ISSN | 1873-6181 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | Jyh-Horng Lin |
| 審稿制度 | 是 |
| 國別 | NLD |
| 公開徵稿 | |
| 出版型式 | ,電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/125651 ) |