Global Perspectives on Insurance Today


Book Description

Many risks face the global insurance industry today, including the aging populations of developed countries, competition from other financial institutions, and both disparate and quickly changing regulatory demands, to name a few. The book s contributors offer their unique perspectives on challenges confronting the insurance industry and how attendant risks can be most effectively managed.




Risk Management And Insurance: Perspectives In A Global Economy


Book Description

This book provides an in-depth understanding of international risk management and insurance, their dynamics, and the economic, social, political, and regulatory environments surrounding global risk and insurance markets.· Introduction· Factors Shaping the Risk Environment Internationally· Enterprise Risk Management in a Global Economy· Insurance in a Global Economy· Conclusions




Care Without Coverage


Book Description

Many Americans believe that people who lack health insurance somehow get the care they really need. Care Without Coverage examines the real consequences for adults who lack health insurance. The study presents findings in the areas of prevention and screening, cancer, chronic illness, hospital-based care, and general health status. The committee looked at the consequences of being uninsured for people suffering from cancer, diabetes, HIV infection and AIDS, heart and kidney disease, mental illness, traumatic injuries, and heart attacks. It focused on the roughly 30 million-one in seven-working-age Americans without health insurance. This group does not include the population over 65 that is covered by Medicare or the nearly 10 million children who are uninsured in this country. The main findings of the report are that working-age Americans without health insurance are more likely to receive too little medical care and receive it too late; be sicker and die sooner; and receive poorer care when they are in the hospital, even for acute situations like a motor vehicle crash.




The "Dematerialized" Insurance


Book Description

This book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution. Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry. While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions. Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material. In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging. For example, the insurance industry and insurance supervisors are exploring how to review, utilize, profit from and regulate the explosive growth of data mining and predictive analytics (“big data”), which threaten long-standing privacy protection and insurance risk classification laws. This book’s ambitious international scope matches its topics. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies. The authors’ exploration of these issues from the vantage points of some of the world’s largest insurance markets – the U.S., Europe and Japan – provides a comparative framework, which is necessary for the understanding of online insurance.




Scaling Up Affordable Health Insurance


Book Description

This book presents an in-depth review on the role of health care financing in improving access for low-income populations to needed care, protecting them from the impoverishing effects of illness, and addressing the important issues of social exclusion in government financed programs.










The Economics, Regulation, and Systemic Risk of Insurance Markets


Book Description

The 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.




International Perspectives on Social Security Reform


Book Description

The aging of America's population makes it imperative that we reform Social Security, but so far we have failed. To instruct this seemingly endless quest, International Perspectives on Social Security Reform looks at public pension revision in six countries that, like the United States, are members of the OECD and have a long tradition of social security threatened by population aging. Canada, Sweden, Japan, Germany, the United Kingdom, and Italy have much to teach the United States about what works well--and what works badly. A substantive analysis of each country's reforms is augmented in commentary by distinguished economists, who offer their own opinions. Ideas examined include private accounts, notional accounts, incentives to delay retirement, and automatic systems of pension adjustment.With contributions from Real Bouchard; Stuart Butler; James C. Capretta; Agneta Kruse and Edward Palmer; Estelle James; Lawrence H. Thompson; Tetsuo Kabe; Jagadeesh Gokhale; Richard Jackson; Michael Mersmann; Maya MacGuineas; Neil Howe; Alex Beer; John Turner; Stanford G. Ross; Alicia Puente Cackley, Tom Moscovitch, and Benjamin Pfeiffer; Paul N. Van de Water; and Dalmer D. Hoskins.




The Current American Civil War, a Global Perspective


Book Description

After the last Civil War, America emerged a stronger and more united country that went on to witness major economic growth and become a major force for Democracy around the World. America is currently in a New Cold Civil War, it is at a critical inflection point and faces the most serious threat to its democracy in its history. Its Dynamic Free Market Capitalism has been replaced by Crony Capitalism from Wall Street, which is hobbling the proper allocation of Financial Capital to Main Street, thereby stifling real new business growth. In this political commentary, the author argues that we still do not fully understand the negative effects of convergence and consolidation in information technology. We are also overlooking the fact that the rhetoric in both the social and Main-stream Media are being monopolized by the same special interest groups that funds the Activists and control a majority of information technology companies. While muckraker journalists used to look out for our interests, today the media are mostly in cahoots with the tech companies as well as celebrities, activist judges, corporations, and Wall Street capitalists. As such the American people stand alone with no one on their side except the current President whom they had elected on 8th Nov 2016. With odds stacked against them, do Americans stand a chance? Get the answer to that question and many more, also discover what you can do to protect American democracy and help unchain free market capitalism to drive economic growth in America. In our current environment of emotional hysteria hyped up by the Social and Main-stream Media, this book attempts a facts-based approach, leveraging business management methodologies and discipline to analyze issues and their causations. All derived conclusions are also supported by historical equivalents, fundamental concepts per relevant disciplines, related organizational Cultures and finally the motivations and personal agendas of the participants. This fresh new approach is most interesting as it is neither aligned with the left nor right, an independent, unbiased approach to problem-solving.