Numbers and Risk

Panning, William H.
July 2008
Best's Review;Jul2008, Vol. 109 Issue 3, p87
Trade Publication
The article offers a look on the lessons learned by insurers from subprime crisis in the U.S. The author asserts that the most fundamental lesson of the subprime crisis is that incentive system matters tremendously. Moreover, it is noted that what really count are the incentive system that has been made and the crucial decisions undertaken by senior executives.


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