Description
Book SynopsisThe future of the insurance regulation begins now For those involved with the insurance industry, from investment professionals to policy makers, and regulators to legislators, tremendous change is coming. With insurance premiums constituting an ever-growing portion of annual U.S.
Table of ContentsPreface
Acknowledgments
Chapter 2: Life Insurance’s Importance to American Families and Industry’s Concern about Regulation (Dirk Kempthorne)
Chapter 3: Why Insurance Needs a Federal Regulator Option (Roger W. Ferguson, Jr.)
Chapter 4: Observations on Insurance Regulation – Uniformity, Efficiency, and Financial Stability (Therese M. Vaughan)
Chapter 5: Lessons Learned from AIG for Modernizing Insurance Regulation (Eric R. Dinallo)
Chapter 6: Assessing the Vulnerability of the U.S. Life Insurance Industry (Anna Paulson, Thanases Plestis, Richard Rosen, Robert McMenamin and Zain Mohey-Dean)
Appendix 6A: Details on Estimating Asset Risk
Chapter 7: Systemic Risk and Regulation of the U.S. Insurance Industry (J. David Cummins and Mary A. Weiss)
Chapter 8: Designation and Supervision of Insurance SIFIs (Scott E. Harrington and Alan B. Miller)
Chapter 9: Is the Insurance Industry Systemically Risky? (Viral V Acharya and Matthew Richardson1)
Chapter 10: Modernizing the Safety Net for Insurance Companies (John H. Biggs)
Chapter 11: Policyholder Protection in the Wake of the Financial Crisis (Peter G. Gallanis)
Appendix 11A: The Critical Role of “Prompt Corrective Action”
Appendix 11B: Table of Relevant Guaranty Association Coverage Levels by State
As of September 19, 2013 (Subject to Change)
Chapter 12: Comparative Regulation of Market Intermediaries: Insights from the Indian Life Insurance Market (Santosh Anagol (Wharton), Shawn Cole (Harvard Business School), and Shayak Sarkar (Harvard University))
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Index
