Emergency Discounted Treasury Liquidity Facility (EDTLF) : A Central Bank Emergency Backstop for Property & Casualty (P&C) and Health Insurers and Reinsurers

preprint OA: closed
Full text JSON View at publisher
Full text 1,835 characters · extracted from oa-doi-fallback · 2 sections · click to expand

Abstract

This white paper proposes the creation of an Emergency Discounted Treasury Liquidity Facility (EDTLF), a Federal Reserve-administered program designed to provide emergency liquidity to property & casualty (P&C) insurers, health insurers, and reinsurers during systemic crises. By allowing insurers to temporarily sell U.S. Treasuries to the Federal Reserve under repurchase agreements, the facility would prevent fire sales, stabilize financial markets, and ensure the timely payment of claims in the wake of climate disasters, pandemics, or other extreme events (Board of Governors of the Federal Reserve System, 2025). Supplementary Material File (insurance industry emergency liquidity backstop.pdf) - Download - 106.79 KB Information & Authors Information Version history Copyright This work is licensed under a Creative Commons Attribution 4.0 International License

Keywords

Authors Metrics & Citations Metrics Article Usage 155views 98downloads Citations Download citation Christopher Soans. Emergency Discounted Treasury Liquidity Facility (EDTLF) : A Central Bank Emergency Backstop for Property & Casualty (P&C) and Health Insurers and Reinsurers. Authorea. 11 September 2025. DOI: https://doi.org/10.22541/au.175761613.32616876/v1 DOI: https://doi.org/10.22541/au.175761613.32616876/v1 If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download. For more information or tips please see 'Downloading to a citation manager' in the Help menu.

Text is read by the "Ask this paper" AI Q&A widget below. Extraction quality varies by source — PMC NXML preserves structure cleanly, OA-HTML may include some navigation residue, and OA-PDF can have broken hyphenation. The publisher copy (via DOI) is the canonical version.

My notes (saved in your browser only)

Ask this paper AI returns verbatim quotes from the full text · source: oa-doi-fallback

Answers must be backed by verbatim quotes from this paper's full text. Hallucinated quotes are dropped automatically; if no verbatim passage answers the question, we say so. How this works

Citation neighborhood (no data yet)

We don't have any in-corpus citations linked to this paper yet. This is a recent paper (2025) — citers typically take a year or two to land, and the OpenAlex reference graph may still be filling in.

Source provenance

europepmc
last seen: 2026-05-20T01:45:00.602351+00:00