Life insurance: regulation as contract enforcement

Life insurance: regulation as contract enforcement

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Debating the minutiae of insurance regulation without a clear understanding of why insurance companies are regulated is futile. In this non-technical essay I discuss the economic rationale for insurance business regulation. I conclude that the appropriate role of the regulator in this industry is to...

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Bibliographic Details
Main Author:	Morrison, A
Format:	Working paper
Published:	University of Oxford 2004

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