Expansion, Contraction, Consolidation, and Regulation

Patricia Guinn

Chapter Chapter 1 in Global Perspectives on Insurance Today, 2010, pp 3-10 from Palgrave Macmillan

Abstract: Abstract The insurance industry is constantly reshaped by rapidly changing business and economic conditions. Natural catastrophes have grown in frequency and severity. Changing demographics have put a premium on both risk management and product development. Man-made disasters have escalated in size and unpredictability. Volatile economic conditions have stressed balance sheets and forced new waves of mergers and acquisitions.

Keywords: Financial Crisis; Credit Risk; Credit Default Swap; Capital Requirement; International Financial Reporting Standard (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11737-2_1

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DOI: 10.1057/9780230117372_1

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