Taking a Lesson From The Financial Crisis

Panning, William H.
January 2009
Best's Review;Jan2009, Vol. 109 Issue 9, p77
Trade Publication
The article focuses on the lessons learned by insurers from the financial crisis in the U.S. Insurers learned that the world is too risky because extreme losses occur more frequently than anyone anticipated. They also learned that the classic antidote to excessive risk has been ineffective when they need it most.


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