The Benefits To Banks In Selling And Underwriting Insurance: An Empirical Examination Of The Delaware Law

Craig R. Brown, Drew B. Winters

Research output: Contribution to journalReview article


The State of Delaware recently passed a new banking law that allows banks and bank affiliates chartered in Delaware to sell and underwrite insurance nationwide. The new laws provide two potential benefits to banks; (1) increased profits from selling insurance and (2) reduced interest rate risk exposure from underwriting insurance. We find support for increased profit potential to banks from the law, but we fail to find a reduction in the interest rate risk exposure of the banks.

Original languageEnglish
Pages (from-to)46-68
Number of pages23
JournalStudies in Economics and Finance
Issue number1
StatePublished - Feb 1 1996


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