Understanding the economics of insuranceIndustry experts, regulators and academics are meeting at the Banque de France today to discuss the major challenges facing the insurance industry in a low interest rate environment. For the occasion, a new book will be presented, offering a comprehensive look at this sometimes complex topic.
The macroeconomic role of insurance, financial stability, systemic risk and other notions are explored in this work, which provides a wide perspective on insurance, its role, and how it functions.
Insurance is invisible, but everywhere. Because insurance manages risks, it makes it possible for businesses and people to take them. How does insurance help our economy and society run more smoothly? The answer is in these pages.