Uncertain futures
Article Abstract:
Insurance futures can be a financial tool to help insurance companies maintain an edge against losses. Insurance futures began trading at the Chicago Board of Trade with 50 contracts a day. It is expected to take several years before they take off. Insurers' cite lack of regulatory and accounting standards as reasons for staying away from insurance futures. Despite industry reluctance to invest in insurance futures, the Chicago Board of Trade plans to continue marketing them.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1993
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Rehabilitation or hospice care?
Article Abstract:
Over 95% of all financially troubled insurers that are taken over by the government are eventually liquidated. The reason regulators favor this strategy is that they are determined to keep state insurance funds solvent so that policyholders can be reimbursed. They are also keen on restricting further liability. Instead of viewing liquidation as a cure-all, regulators should concentrate on identifying and removing suspect insurers from the market early.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1992
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Making the Mexican connection
Article Abstract:
Passage of the North American Free Trade Agreement could prove beneficial to US insurance companies because the treaty would give insurers full access to the Mexican insurance market. This rapidly expanding market would give insurers a potential clientele of 86 million people. The treaty would allow US and Canadian firms to own Mexican insurers, which have reported gross domestic product increases of 2.8% a year since 1987.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1993
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