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The book examines the failures of major insurance companies in the 1990s and the subsequent debate on protecting policyholders. It critiques existing insurance regulation and proposes a shift towards governance mechanisms similar to those used in non-financial firms. By analyzing the lessons learned from these failures, the author aims to advance the discussion on reforming insurance regulation to enhance stability and accountability in the industry.
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When Insurers Go Bust, Guillaume Plantin, JeanCharles Rochet
- Language
- Released
- 2007
- product-detail.submit-box.info.binding
- (Hardcover with dust jacket)
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- Title
- When Insurers Go Bust
- Subtitle
- An Economic Analysis of the Role and Design of Prudential Regulation
- Language
- English
- Authors
- Guillaume Plantin, JeanCharles Rochet
- Publisher
- Princeton University Press
- Released
- 2007
- Format
- Hardcover with dust jacket
- Pages
- 110
- ISBN13
- 9780691129358
- Category
- Business and Economics
- Description
- The book examines the failures of major insurance companies in the 1990s and the subsequent debate on protecting policyholders. It critiques existing insurance regulation and proposes a shift towards governance mechanisms similar to those used in non-financial firms. By analyzing the lessons learned from these failures, the author aims to advance the discussion on reforming insurance regulation to enhance stability and accountability in the industry.