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7. The Role of Reinsurance
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Chapters in this book
- Frontmatter i
- Contents v
- Foreword vii
- Acknowledgements viii
- 1. Introduction 1
- 2. Four Recent Cases of Financially Distressed Insurers 4
- 3. The State of the Art in Prudential Regulation 29
- 4. Inversion of the Production Cycle and Capital Structure of Insurance Companies 43
- 5. Absence of a Tough Claimholder in the Financial Structure of Insurance Companies and Incomplete Contracts 56
- 6. How to Organize the Regulation of Insurance Companies 64
- 7. The Role of Reinsurance 75
- 8. How Does Insurance Regulation Fit within Other Financial Regulations? 83
- 9. Conclusion: Prudential Regulation as a Substitute for Corporate Governance 97
- References 99
Chapters in this book
- Frontmatter i
- Contents v
- Foreword vii
- Acknowledgements viii
- 1. Introduction 1
- 2. Four Recent Cases of Financially Distressed Insurers 4
- 3. The State of the Art in Prudential Regulation 29
- 4. Inversion of the Production Cycle and Capital Structure of Insurance Companies 43
- 5. Absence of a Tough Claimholder in the Financial Structure of Insurance Companies and Incomplete Contracts 56
- 6. How to Organize the Regulation of Insurance Companies 64
- 7. The Role of Reinsurance 75
- 8. How Does Insurance Regulation Fit within Other Financial Regulations? 83
- 9. Conclusion: Prudential Regulation as a Substitute for Corporate Governance 97
- References 99
