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Handbook of International Insurance: Between Global Dynamics and
Local Contingencies analyzes key trends in the insurance industry
in more than 15 important national insurance markets that represent
over 90 percent of world insurance premiums. Well-known academics
from Europe, the Americas and Asia examine their own national
insurance markets, including the competitive structure, product and
service innovations, and regulatory developments. The book provides
academics and executives with an unprecedented range of information
about today's insurance markets. This book also provides important
'new' information on the evolution of the financial sector
worldwide and 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.
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.
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