Handbook of International Insurance

Beschreibung

THE HANDBOOK OF INTERNATIONAL INSURANCE

Gordon Stewart, President, Insurance Information Institute, New York, USA

"The globalization of insurance markets means that understanding both international developments and local trends around the world is now fundamental for insurance executives coping with today’s complex and competitive environment.  By providing such a comprehensive picture of the world’s insurance markets, this unique and necessary book becomes an essential tool for anyone seeking to operate wisely and successfully.

Richard D. Phillips, Professor and Chairman, Department of Risk Management and Insurance, Georgia State University, Atlanta, USA

"Comprehensive surveys, written by international experts, provide in depth descriptions and discuss recent developments of the world’s major insurance markets.  Each chapter contains essential insights for insurance executives and academic researchers interested in risk management and the globalization of insurance markets."

Patrick Liedtke, Secretary General and Managing Director, the Geneva Association, Switzerland

"This book depicts in an outstanding way the dichotomy of the insurance world today, which is still torn between global approaches and local solutions. Both insurance professionals and academics will profit enormously from its intelligent insights."

Raimond Maurer, Professor, Goethe-University Frankfurt, Germany

"In today's high competition environment, the understanding of international insurance markets is crucial to sustain an insurance company’s competitive advantage. This book makes a major contribution to that understanding."

 Edited by:

J. David Cummins, Harry J. Loman Professor of Insurance and Risk Management, Wharton School, University of Pennsylvania, USA

Bertrand Venard, Professor of Management, Audencia.Nantes School of

Management, France

Insurance and financial markets have been radically and deeply changed in the last 20 years. Deregulation, internationalization of insurance and financial institutions, increasing competition, electronic commerce, bancassurance, and the emergence of new risks are among the challenges faced by insurers and other financial firms. These developing trends pose both global and local challenges for financial firms participating in insurance markets.

"The Handbook of International Insurance: Between Global Dynamics and Local Contingencies" increases understanding of insurance markets by adopting an international comparative approach. Leading scholars and practitioners worldwide provide detailed information on market trends, regulation, taxation, and economic developments for thirteen specific countries in Europe, the Americas, and Asia. Each country chapter covers key aspects of insurance: life insurance, non-life insurance, and public and private social insurance programs.

The book also includes comprehensive chapters on reinsurance, Lloyd’s of London, alternative risk transfer, South and East Asian insurance markets, and European insurance markets. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization. A unique source of information on the evolution of insurance markets worldwide, this book provides valuable perspectives for scholars, practitioners, and policy makers.

Insurance and financial markets have been radically and deeply changed in the last 20 years. This book increases understanding of insurance markets by adopting an international comparative approach. It is the first book in the market about the topic (regulation and reinsurance), and includes chapters written by scholars and practitioners in the major insurance markets worldwide, including Europe, the Americas and Asia. The book also provides important 'new' information on the evolution of the global financial sector. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization. Offering a unique source of information on the evolution of insurance markets, this book provides valuable perspectives for scholars, practitioners, and policy makers.

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J. David Cummins

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