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U.S. Insurance Industries After the 2007-2009 Financial Crisis
Johnson B Powell
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Description for U.S. Insurance Industries After the 2007-2009 Financial Crisis
Hardback. Editor(s): Powell, Johnson B. Num Pages: 108 pages. BIC Classification: 1KBB; 3JM; KNST. Category: (P) Professional & Vocational. Dimension: 231 x 163 x 13. Weight in Grams: 306.
The U.S. life and property/casualty (P/C) insurance industries wrote over $1 trillion in total premiums in 2011 and play an important role in ensuring the smooth functioning of the economy. Concerns about the oversight of the insurance industry arose during the 2007-2009 financial crisis, when one of the largest U.S. holding companies that had substantial insurance operations, American International Group, Inc. (AIG), suffered large losses. These losses were driven in large part by activities conducted by a non-insurance affiliate, AIG Financial Products, but also included securities lending activity undertaken by some of its life insurance companies which created liquidity issues ... Read more
The U.S. life and property/casualty (P/C) insurance industries wrote over $1 trillion in total premiums in 2011 and play an important role in ensuring the smooth functioning of the economy. Concerns about the oversight of the insurance industry arose during the 2007-2009 financial crisis, when one of the largest U.S. holding companies that had substantial insurance operations, American International Group, Inc. (AIG), suffered large losses. These losses were driven in large part by activities conducted by a non-insurance affiliate, AIG Financial Products, but also included securities lending activity undertaken by some of its life insurance companies which created liquidity issues ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
108
Format
Hardback
Publication date
2014
Condition
New
Number of Pages
108
Place of Publication
New York, United States
ISBN
9781629481180
SKU
V9781629481180
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-1
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