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This Geneva Association “insurance reader on the credit crisis” has been put togetheras a reaction to the widespread demand for reliable information on and an intellectualappreciation of the insurance sector’s involvement in the credit crisis. Since the end of2007, The Geneva Association...
Persistent link: https://www.econbiz.de/10005871214
At the General Assembly of the Geneva Association held 28-31 May 2008 in Hamilton, Bermuda, the CEOs of the world's leading insurance and reinsurance companies decided to launch a new research project on climate change and its economic impact on insurance (CC+I). This initiative reflects one of...
Persistent link: https://www.econbiz.de/10005871215
Insurers and banks are both suppliers of financial services and constitute together thebulk of the financial services industry. As such, they share certain common traits and,consequently, are often analyzed together. At the same time, they differ markedly in certainrespects, insurance and...
Persistent link: https://www.econbiz.de/10005871216
Strict liabilities prevails at major accidents. According to the Polluter Pays Principle,l it is the liable party who pays for any damage. The accidents may be very large, however, compared to the assets of the liable plant owner. The liable party may, therefore, simply go bankrupt and leave the...
Persistent link: https://www.econbiz.de/10005871240
Several of the risks currently faced by corporations are shaped by legal rules. Liability rules, for instance, determine the cases in which firms will incur economic losses, either because thay are obliged to compensate for the harm suffered by others, or because they are inflicted monetary...
Persistent link: https://www.econbiz.de/10005871245
Insurance Industry will create a more efficient, customer centric, collaborative and innovative marketplace. Embrace extended/networked business models that include innovation across value chain through capabilities of strategic partners, best practices, expertise, and capital...
Persistent link: https://www.econbiz.de/10008637653
New Supervisory Architecture, European System of Financial Supervision, European Sytsematic Risk Bord, European Supervisory Authorities.
Persistent link: https://www.econbiz.de/10005871218
Background, International prespective, UK developments, Striking a balance, Looking ahead - Solvency II...
Persistent link: https://www.econbiz.de/10005871220
Persistent link: https://www.econbiz.de/10002177051