Plantin, Guillaume.

When insurers go bust an economic analysis of the role and design of prudential regulation / [electronic resource] : Guillaume Plantin, Jean-Charles Rochet. - Princeton : Princeton University Press, 2007. - vi, 101 p. : ill.

Includes bibliographical references (p. [99]-101).

Four recent cases of financially distressed insurers -- The state of the art in prudential regulation -- Inversion of the production cycle and capital structure of insurance companies -- Absence of a tough claimholder in the financial structure of insurance companies and incomplete contracts -- How to organize the regulation of insurance companies -- The role of reinsurance -- How does insurance regulation fit within other financial regulations? -- Conclusion : Prudential regulation as a substitute for corporate governance.


Electronic reproduction.
Palo Alto, Calif. :
ebrary,
2013.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.





GBA744513 bnb

Uk


Insurance--State supervision.
Insurance law--Economic aspects.


Electronic books.

HG8111 / .P53 2007eb

368.941

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