[null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "https://cdn.waterstones.com/bookjackets/large/9780/1988/9780198820420.jpg", "src": "https://cdn.waterstones.com/bookjackets/large/9780/1988/9780198820420.jpg", "alt_text": "The Economics, Regulation, and Systemic Risk of Insurance Markets (Paperback)"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Marine Insurance: Principles and Basic Practice v. 1"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Risk Management and Financial Institutions"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Marine Insurance Claims"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "PPI Claim Form Pack"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Formulae and Tables for Examinations of the Faculty of Actuaries and the Institute of Actuaries"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Pricing in General Insurance"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Upstream and Offshore Energy Insurance"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Insurance Theory and Practice"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Risk Management: 10 Principles"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Against the Gods"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Risk"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Reinsurance in Practice"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Lloyd's Market Practice"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Insurance and Behavioral Economics"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Dictionary of Insurance Terms"}, null, {"document_url": "https://www.waterstones.com/book/the-economics-regulation-and-systemic-risk-of-insurance-markets/felix-hufeld/ralph-s-j-koijen/9780198820420", "unformatted_src": "/images/cover404.png", "src": "https://www.waterstones.com/images/cover404.png", "formatted_filename": "cover", "alt_text": "Risk Financing"}, null]


Business, Finance & Law > Finance > Insurance & actuarial studies
Business, Finance & Law > Finance > Public finance
Business, Finance & Law > Finance > Banking The Economics, Regulation, and Systemic Risk of Insurance Markets (Paperback)

Felix Hufeld (editor), Ralph S. J. Koijen (editor), Christian Thimann (editor)
Paperback 256 Pages / Published: 15/03/2018


Despite the importance of insurance in enabling individual and collective social, economic, and financial activities, discussions about the macroeconomic role and risks of insurance markets are surprisingly limited. This book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create. The first part discusses the macroeconomic role of insurance and how insurance is different from banking and general finance. Understanding the differences between the balance sheets of insurers and other financial intermediaries is essential for understanding the potential differences in risk nature and optimal regulation. The second part of the book focuses on the risks managed by the insurance sector and the potential for systemic risk. The chapters discuss the risks both on the asset and liability sides of insurers' balance sheets. The third part of the book covers the impact of regulation on insurance companies. Existing regulation is often complex and has a large impact on insurance companies' decision-making and functioning. The chapters also illustrate the unintended consequences of various forms of regulation. The book concludes with a summary of a survey that has been conducted in collaboration with McKinsey, where insurance executives have been asked about the risks and regulation in the insurance sector. The survey provides guidance for future research on insurance markets.

ISBN: 9780198820420
Number of pages: 256
Weight: 384 g
Dimensions: 235 x 158 x 14 mm
 Risk Management and Financial Institutions
John C. Hull Marine Insurance Claims
J. Kenneth Goodacre PPI Claim Form Pack
Steve Wiseman Pricing in General Insurance
Pietro Parodi Upstream and Offshore Energy Insurance
David Sharp Insurance Theory and Practice
Rob Thoyts Risk Management: 10 Principles Against the Gods
Peter L. Bernstein Reinsurance in Practice
R.J. Kiln Lloyd's Market Practice
Robert H. Brown Insurance and Behavioral Economics
Howard C. Kunreuther Dictionary of Insurance Terms
Harvey W. Rubin Risk Financing
Alan Gordon


