Balancing equity and policyholder protection: Assessing insurer’s interests in green lending under cap-and-trade regulations
學年 112
學期 1
出版（發表）日期 2023-11-06
作品名稱 Balancing equity and policyholder protection: Assessing insurer’s interests in green lending under cap-and-trade regulations
作品名稱（其他語言）
著者 Shi Chen; Yonghong Zhao; Shiu-Chieh Chiu; Jingfei Wu; Jyh-Horng Lin
單位
出版者
著錄名稱、卷期、頁數 PLoS ONE 18(11): e0293975
摘要 This paper presents a contingent claim model designed to assess an insurer’s equity within the framework of carbon trading regulations imposed on borrowing firms while also considering the integration of green lending. The development of this model is particularly relevant for regions with established carbon trading markets, with a specific focus on the post-period following the 2015 Paris Agreement concerning climate change. We focus on shareholders and policyholders to optimize equity and ensure maximum protection. Strict caps in cap-and-trade harm interest margins, reducing guaranteed rates for equity maximization and compromising policyholder protection. Government intervention through sustainable production carbon trading hinders win-win outcomes. Green subsidies can improve insurer margins, but achieving win-win solutions remains challenging. A collective approach is needed to share sustainable production and finance benefits among diverse economic sectors.
關鍵字
語言 en_US
ISSN 1932-6203
期刊性質 國外
收錄於 SCI
產學合作
通訊作者 Jyh-Horng Lin
審稿制度 是
國別 USA
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/987654321/124732 )