The Economics of Capital Regulation in Financial Conglomerates

Provides and academic perspectives on the role of, and the justification for, financial regulation in the insurance industry. Considerations in capital regulation; Industry view that regulators should account for diversification effects at the holding company level; Framework for capital adequacy po...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Morrison, A
Format: Journal article
Veröffentlicht: 2003
Beschreibung
Zusammenfassung:Provides and academic perspectives on the role of, and the justification for, financial regulation in the insurance industry. Considerations in capital regulation; Industry view that regulators should account for diversification effects at the holding company level; Framework for capital adequacy policy-making.