Public Ownership in Insurance: A Curse or Blessing? A Belgian Experience

For insurers conducting traditional activities: prudential measures need to recognize the medium and long term nature of the liabilities; appropriate buffers should be used effectively to minimize pro-cyclical effects...

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Year of publication:	2010-05-01
Authors:	Flamée, Michel
Institutions:	International Association for the Study of Insurance Economics
Subject:	Regulierung \| Versicherungsmarkt \| Finanzkrise \| Banking Crisis \| Intervention \| policy interventions \| Staatseigentum \| GOVERNMENT OWNERSHIP

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Table of Contents
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1 The Belgian Insurance Market
2 Facts & Figures
3 Illiquid financial markets: regulatory responses
4 Lessons from the crisis
5 Gorvernment intervention
6 Compensatory Measures
7 Notion of systematiic risk
8 Conclusion

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