When insurers go bust an economic analysis of the role and design of prudential regulation /
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| Format: | Electronic eBook |
| Language: | English |
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Princeton :
Princeton University Press,
2007.
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| Online Access: | Click to View |
Table of Contents:
- Four recent cases of financially distressed insurers
- The state of the art in prudential regulation
- Inversion of the production cycle and capital structure of insurance companies
- Absence of a tough claimholder in the financial structure of insurance companies and incomplete contracts
- How to organize the regulation of insurance companies
- The role of reinsurance
- How does insurance regulation fit within other financial regulations?
- Conclusion : Prudential regulation as a substitute for corporate governance.