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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
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- Released
- 2007
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- (Hardcover)
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