Property-casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune

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Publisher :
ISBN 13 :
Total Pages : 512 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Property-casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune by : Deon Strickland

Download or read book Property-casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune written by Deon Strickland and published by . This book was released on 1996 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Property-Casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Property-Casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune by : Michael L. Smith

Download or read book Property-Casualty Insurance Guaranty Funds and Insurer Vulnerability to Misfortune written by Michael L. Smith and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The presence of third-party guarantees such as insurance guaranty funds can induce managers of covered institutions to take actions that increase the level of risk or increase vulnerability to unfavorable developments. This paper presents evidence of these effects taking place under insurance guaranty funds. The strongest evidence appears for Commercial Multi-Peril insurance, where the enactment of a guaranty fund is associated with a significant decline in a state's loss ratio. Similar effects appear in Homeowners' Multi-Peril coverage, although evidence for Homeowners' is not as strong as for Commercial Multi-Peril coverage. The observed decline in the loss ratio is not explained by other factors such as state regulation, investment yields, or other time-related trends. The observed decline is too large to be explained by the level of guaranty fund assessments. Understatement of expected future claim payments (quot;underreservingquot;) offers the most plausible explanation. A concluding section of the paper discusses a pricing method for guaranty fund coverage that could diminish any rewards arising from understatement of future claims. The design of a pricing system could benefit by applying lessons from bank deposit insurance as well as the insurance industry's considerable experience with pricing methods designed to overcome moral hazards.

Ibss: Economics: 1999

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Publisher : Psychology Press
ISBN 13 : 9780415240093
Total Pages : 660 pages
Book Rating : 4.2/5 (4 download)

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Book Synopsis Ibss: Economics: 1999 by : Compiled by the British Library of Political and Economic Science

Download or read book Ibss: Economics: 1999 written by Compiled by the British Library of Political and Economic Science and published by Psychology Press. This book was released on 2000-12-07 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences

Risk Management

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Publisher : Springer Science & Business Media
ISBN 13 : 3662040085
Total Pages : 427 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Risk Management by : Michael Frenkel

Download or read book Risk Management written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with all aspects of risk management that have undergone significant innovation in recent years, this book has been written for academics as well as practitioners, in particular finance specialists. It is unique in bringing together such a wide array of experts and correspondingly offers a complete coverage of recent developments. The emphasis is placed on highlighting the link between the academic literature and practical issues related to the organization of the risk management function.

Market Discipline Across Countries and Industries

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Publisher : MIT Press
ISBN 13 : 9780262025751
Total Pages : 472 pages
Book Rating : 4.0/5 (257 download)

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Book Synopsis Market Discipline Across Countries and Industries by : C. E. V. Borio

Download or read book Market Discipline Across Countries and Industries written by C. E. V. Borio and published by MIT Press. This book was released on 2004 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading academics and policymakers address the theory of market discipline and consider evidence across different industries and countries. The effectiveness of market discipline -- the strong built-in incentives that encourage banks and financial systems to operate soundly and efficiently -- commands much attention today, particularly in light of recent accounting scandals. As government discipline, in the form of regulation, seems to grows less effective as the banking industry and financial markets grow more complex, the role of market discipline becomes increasingly important. In this collection, which grew out of a conference cosponsored by the Federal Reserve Bank of Chicago and the Bank for International Settlements in Basel, Switzerland, a diverse group of academics and policymakers address different aspects of the ability of market discipline to affect corporate behavior and performance. A major purpose of the book is to develop evidence on how market discipline operates across non-government regulated industries and in different countries, how successful it has been, and how it may transfer to a regulated industry. The chapters examine such topics as the theory of market discipline, evidence of market discipline in banking and other industries, evidence of market discipline for countries, the current state of corporate governance, and the interaction of market discipline and public policy.

Journal of Banking & Finance

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Publisher :
ISBN 13 :
Total Pages : 980 pages
Book Rating : 4.:/5 (45 download)

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Book Synopsis Journal of Banking & Finance by :

Download or read book Journal of Banking & Finance written by and published by . This book was released on 1999 with total page 980 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Security in China

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Publisher : Springer
ISBN 13 : 9811009694
Total Pages : 235 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Financial Security in China by : Dexu He

Download or read book Financial Security in China written by Dexu He and published by Springer. This book was released on 2016-07-05 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies typical issues regarding China’s financial security, such as internal and external currency security, herd behavior in bank credit, system risk in the stock market, major risks in the insurance industry, risks related to shadow banking, and real-estate finance security. The book reflects the author’s longtime research experience and personal thought. It uses a completely new structure to present useful and targeted-based countermeasures and suggestions, making it a valuable reference resource for those involved in solving China’s financial security problems and creating China’s future financial security system. It is highly recommended for readers who want to understand the current situation and features of China’s financial security.

Is Bank-centered Corporate Governance Worth It?

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Publisher :
ISBN 13 :
Total Pages : 422 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Is Bank-centered Corporate Governance Worth It? by : Robert Goldstein

Download or read book Is Bank-centered Corporate Governance Worth It? written by Robert Goldstein and published by . This book was released on 1997 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Market Segmentation and Illiquidity on Asset Prices

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Publisher :
ISBN 13 :
Total Pages : 684 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis The Effects of Market Segmentation and Illiquidity on Asset Prices by : Christopher Géczy

Download or read book The Effects of Market Segmentation and Illiquidity on Asset Prices written by Christopher Géczy and published by . This book was released on 1996 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Model Rules of Professional Conduct

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Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Protecting The Poor: A Microinsurance Compendium

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Publisher : Academic Foundation
ISBN 13 : 9788171886708
Total Pages : 688 pages
Book Rating : 4.8/5 (867 download)

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Book Synopsis Protecting The Poor: A Microinsurance Compendium by : Craig Churchill

Download or read book Protecting The Poor: A Microinsurance Compendium written by Craig Churchill and published by Academic Foundation. This book was released on 2008 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt:

At Risk

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Publisher : Routledge
ISBN 13 : 1134528612
Total Pages : 492 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis At Risk by : Piers Blaikie

Download or read book At Risk written by Piers Blaikie and published by Routledge. This book was released on 2014-01-21 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term 'natural disaster' is often used to refer to natural events such as earthquakes, hurricanes or floods. However, the phrase 'natural disaster' suggests an uncritical acceptance of a deeply engrained ideological and cultural myth. At Risk questions this myth and argues that extreme natural events are not disasters until a vulnerable group of people is exposed. The updated new edition confronts a further ten years of ever more expensive and deadly disasters and discusses disaster not as an aberration, but as a signal failure of mainstream 'development'. Two analytical models are provided as tools for understanding vulnerability. One links remote and distant 'root causes' to 'unsafe conditions' in a 'progression of vulnerability'. The other uses the concepts of 'access' and 'livelihood' to understand why some households are more vulnerable than others. Examining key natural events and incorporating strategies to create a safer world, this revised edition is an important resource for those involved in the fields of environment and development studies.

Health Insurance Handbook

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Publisher : World Bank Publications
ISBN 13 : 082138953X
Total Pages : 141 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Health Insurance Handbook by : Hong Wang

Download or read book Health Insurance Handbook written by Hong Wang and published by World Bank Publications. This book was released on 2012-01-18 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries that subscribe to the Millennium Development Goals (MDGs) have committed to ensuring access to basic health services for their citizens. Health insurance has been considered and promoted as the major financing mechanism to improve access to health services, as well to provide financial risk protection.

Deposit Insurance

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Publisher : International Monetary Fund
ISBN 13 : 1451850492
Total Pages : 64 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Deposit Insurance by : Ms.G. G. Garcia

Download or read book Deposit Insurance written by Ms.G. G. Garcia and published by International Monetary Fund. This book was released on 1996-08-01 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper contrasts deposit protection with other forms of insurance, examines why goods and services of all kinds receive warranties and guarantees, and explores the particular characteristics of deposits and banks that merit deposit insurance. It examines a variety of reasons why countries choose to adopt systems of deposit insurance, the pitfalls that can arise from poorly designed schemes, and the features of a scheme that successfully avoids these pitfalls.

The Financing of Catastrophe Risk

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Publisher : University of Chicago Press
ISBN 13 : 0226266257
Total Pages : 490 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Financing of Catastrophe Risk by : Kenneth A. Froot

Download or read book The Financing of Catastrophe Risk written by Kenneth A. Froot and published by University of Chicago Press. This book was released on 2007-12-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.

Arizona Bar Journal

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Publisher :
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Arizona Bar Journal by :

Download or read book Arizona Bar Journal written by and published by . This book was released on 1987 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Developing and Maintaining Emergency Operations Plans

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Publisher :
ISBN 13 :
Total Pages : 75 pages
Book Rating : 4.:/5 (696 download)

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Book Synopsis Developing and Maintaining Emergency Operations Plans by : United States. Federal Emergency Management Agency

Download or read book Developing and Maintaining Emergency Operations Plans written by United States. Federal Emergency Management Agency and published by . This book was released on 2010 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive Preparedness Guide (CPG) 101 provides guidelines on developing emergency operations plans (EOP). It promotes a common understanding of the fundamentals of risk-informed planning and decision making to help planners examine a hazard or threat and produce integrated, coordinated, and synchronized plans. The goal of CPG 101 is to make the planning process routine across all phases of emergency management and for all homeland security mission areas. This Guide helps planners at all levels of government in their efforts to develop and maintain viable all-hazards, all-threats EOPs. Accomplished properly, planning provides a methodical way to engage the whole community in thinking through the life cycle of a potential crisis, determining required capabilities, and establishing a framework for roles and responsibilities. It shapes how a community envisions and shares a desired outcome, selects effective ways to achieve it, and communicates expected results. Each jurisdiction's plans must reflect what that community will do to address its specific risks with the unique resources it has or can obtain.