The Risks and Returns Associated with the Insurance Activities of Foreign Subsidiaries of U.S. Banking Organizations

  • Gary Whalen
  • Published 2000


In late 1999, U.S. banking organizations were granted permission to indirectly engage in insurance underwriting by affiliating with insurance companies in a holding company framework. To date, however, few such combinations have occurred and so little empirical evidence on the actual benefits of this sort of merger exists. Most of the available empirical… (More)


4 Figures and Tables