Aggregating Global Risks Arising from Regulatory Disparities
Jerry M. St. Paer and
Michael E. Mathisen
Chapter Chapter 15 in Global Perspectives on Insurance Today, 2010, pp 189-203 from Palgrave Macmillan
Abstract:
Abstract The current transitional period of macrostructural change presents the leadership of the global insurance industry with significant risks, as well as opportunities. Many of these risks pose a threat to insurers, regardless of the type(s) of insurance they provide (life, property casualty, third market, or reinsurance), their ownership structure (mutual, fraternal vs. stock-owned), or their scope of operations (national or regional vs. global). And, regulators need to be concerned about the final risk.
Keywords: Cash Flow; International Financial Reporting Standard; Insurance Industry; Legal Entity; Financial Account Standard Board (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_15
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DOI: 10.1057/9780230117372_15
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