The demand for regulation of financial d
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James C. Gaa; Itzhak Krinsky
📂
Article
📅
1988
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Springer
🌐
English
⚖ 1004 KB
Policyholders and other claimants in insurance companies are interested in "solidity," i.e., the ability of insurers to meet their claims obligations in both the short run and the long run. Insurance regulators exist in order to represent the interests of consumers. Great emphasis is placed by the r