a banking regulation, literature on insurance regulation is scarce and mainly focused on asymmetry issues. In this paper …, we describe the reasons for an insurance regulation. Recent developments faced by insurers modified the risks encountered … outline the specificities of the new framework for the regulation of European insurance undertakings, Solvency II, as it is …

finance. Under this scenario the Insurance and Pensions (I&P) industry, less affected in the crisis, is undergoing important …&P, either directly from its own regulation or indirectly from changes in the banking sector regulation and strategies. After … discussing the relevant characteristics of the different pieces of regulation, this study concludes that there is a great …

finance. Under this scenario the Insurance and Pensions (I&P) industry, less affected in the crisis, is undergoing important …&P, either directly from its own regulation or indirectly from changes in the banking sector regulation and strategies. After … discussing the relevant characteristics of the different pieces of regulation, this study concludes that there is a great …

The European Union is completely redesigning the system of prudential supervision of insurance institutions as part of … political scope of the theory of auditability formulated by Power. Indeed the insurance institutions that co-defined the … substantial. Insurance is actually running the risk of complete finaciarisation, to the detriment of its specific mission to …

In this study, we examine unsuccessful takeover attempts for new evidence on whether mergers create or destroy value … literature on signaling by investigating whether a takeover attempt signals investors about the quality of firm management as … partially, but not completely, reversed by termination announcement returns, evidence that the merger proposal itself contains …

This article discusses key issues that policymakers should consider when evaluating potential changes to U.S. insurance … regulation in the aftermath of the financial crisis, including implications of both the Dodd-Frank Act and the Solvency II … initiative in the European Union. Fundamental differences in the U.S. between banking and insurance are emphasized, including …

Solvency Test) and European (Solvency II). We improve on the existing literature by focusing on technical aspects of regulation … comparison with American regulation although the latter system was perceived as a revolution some years ago. Even if the Swiss … models, the treatment of diversification effect, the limits imposed to investments, and the consideration of qualitative …

Since its inception in mid-1800s, insurance regulation in the U.S. has continued to evolve in response to changing … regulations. Key issues arising from the effort to modernize insurance regulation are explored as well as its implications for … circumstances and the opportunity to take advantage of new methods and technologies. Important developments in insurance regulatory …

consolidation in the insurance sector due to recognition of geographic diversification effects in Solvency II's standard formula …The European insurance industry is awaiting the new EU-wide harmonized Solvency II framework. Before its introduction …. This paper studies whether the new European regulation standards will constitute a driver for M&As in the non …

This book discusses banking, insurance, and securities regulation, as well as issues in consumer finance and electronic …