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Diane Publishing Books
Insurance Markets: Impacts of and Regulatory Response to the 2007-2009 Financial Crisis
Alicia Puente Cackley (au)
Insurance plays an important role in the economy. Concerns about the oversight of the $1 trillion life and property/casualty insurance industry arose during the 2007-2009 financial crisis, when one of the largest holding companies, AIG, suffered severe losses that threatened to affect its insurance subsidiaries. This report examined any effects of the financial crisis on the insurance industry. It addresses (1) what is known about how the financial crisis of 2007-2009 affected the insurance industry and policyholders; (2) the factors that affected the impact of the crisis on insurers and policyholders; and (3) the types of actions that have been taken since the crisis to help prevent or mitigate potential negative effects of future economic downturns on insurance companies and their policyholders. Tables and figures. This is a print on demand report.
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