Abstract
Driven by the globalisation of the insurance sector and the capital markets, there has been a significant effort to improve and harmonise insurance regulation among the various continents and countries. Standardisation helps to reduce barriers of trade and establish certain international accounting and regulatory frameworks that could increase the confidence in accounting and supervision.
Keywords
Credit Risk Insurance Sector Capital Adequacy Expect Shortfall Risk Transfer
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Copyright information
© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011