£11.85

US INSURANCE INDUSTRIES AFTER THE 200720 (Business Economics in a Rapidly-changing World: Global Recession - Causes, Impacts and Remedies)

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Last 62 days · 62 data points (no recent data)

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£42.68 £7.67 £15.31 £22.95 £30.58 £38.22 £45.86 24 May 2026 08 June 2026 23 June 2026 08 July 2026 24 July 2026

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21 days 1 day · current 18 days 7 days 6 days 1 day 8 days 0 5 11 16 21 £11 £12 £13 £18 £29 £33 £43 Days at Price

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Most common price: £11 (21 days, 33.9%)

Price range: £11 - £43

Price levels: 7 different prices over 62 days

Description

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 for some insurers. The losses threatened to bankrupt the company, and AIG was one of the largest recipients of assistance by the Federal Reserve Bank of New York and the federal government under the Troubled Asset Relief Program (TARP) set up during the crisis. This book examines any effects of the financial crisis on the insurance industry and policyholders, and addresses what is known about how the financial crisis affected the insurance industry and policyholders, and 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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 January 2014
Listed Since
06 September 2013

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