Business Law > EXAM > C16 Business of Insurance (All)
C16 Business of Insurance
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Seven potential effects of foreign ownership: - ✔✔1. Deployed capital: Many more choices for placement of capital when international 2. Divesting certain lines 3. Cost of retrocession covers ... and reinsurance 4. Emerging risks 5. Setting underwriting philosophies and procedures 6. Technology 7. Investment markets Three effects of Mergers - ✔✔• Reduce capacity from what is currently an already tight market • Give Insurance companies a slight smaller reinsurance universe from which to glean capacity • Give other insurers the opportunity to grow-albeit to a fairly small degree [Show More]
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