inter industry linkages between uk life insurers and banks an event study financial stability review june 2005 127 assessing the importance of interlinkages sectors is a key ingredient in analysis given bank s responsibility for system as whole matthew corder article december 2004 provided comprehensive qualitative assessment potential risks to arising from non resident it concluded that even when disruption sector does not pose direct threat such could still have consequences through its effects on banking whose systemic clear described three channels contagion which stresses one be transmitted rest counterparty exposures links capital markets confidence although monetary returns accounting disclosures are sufficiently detailed obtain first estimate they less useful measuring two remaining market prices however provide natural way gauging materiality
