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When insurers go bust : an economic analysis of the role and design of prudential regulation /
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton, N.J. :
Princeton University Press,
©2007.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of non-financial firms. Rather than immediately addressing the minutiae of supervision, Guillaume Plantin and Jean-Charles Rochet first identify a fundamental economic rationale for supervising t. |
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| Descripción Física: | 1 online resource ([viii], 101 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 99-101). |
| ISBN: | 9781400827770 1400827779 1282129732 9781282129733 |