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Full Description
Many risks face the global insurance industry today, including the aging populations of developed countries, competition from other financial institutions, and both disparate and quickly changing regulatory demands, to name a few. The book s contributors offer their unique perspectives on challenges confronting the insurance industry and how attendant risks can be most effectively managed.
Contents
Introduction Overview of Industry Contraction, Expansion and Consolidation The Role of Financial Conglomerates in Globalization of Financial Services Improving Regulatory Capital Requirements Reinsurance and Alternative Markets Structuring Adequate Risk Management and Corporate Governance Special Market Issues Globalization Strategic Planning