Economic approach (diversification benefits) in line with Solvency II conceptual framework. Same level of protection to policy holders with a given level of capital across the group. Mechanism enhancing capital mobility within a group. Alignment with the way groups are effectively managed...

Is a world-wide convergence of regulatory regimes desirable/necessary? 1. Yes, to achieve a level playing field. 2. Yes to reduce systemic risk, 3. I am indifferent...

Solvency Margin Scheme in Japan, present and future; The way we, as an industry, are going to adapt to global solvency margin standards; Lessons learned and ramification of the current financial crisis; Conclusion...

State regulators and federal regulators competing for jurisdiction over financial marketplace "investment" products, certian insurance and annuity product sales. States' role is unlikely to disappear, but likely to change...

Increasing cross-sector cooperation, Addressing systemic risk, Focus on insurance companies, Financial conglomerates...

The U.S. System, Comparing Solvency II and the U.S. System, Lessons Learned from the Current Turmoil, Where do we go from here?...

The Legal Limits to Insurable Risk, Transactional Insurance Products,Legal and Regulatory Issues in Europe, Open Discussion...

Several of the risks currently faced by corporations are shaped by legal rules. Liability rules, for instance, determine the cases in which firms will incur economic losses, either because thay are obliged to compensate for the harm suffered by others, or because they are inflicted monetary...

When tort and insurance (both private and social) co-exist, coordination mechanisms are very relevant. Imperfect liability rules provide the setting to properly analyze the incentives that the coordination mechanisms induce for risk coverage and for precaution...

Study empirically the relationship between liability and insurance in the realm of financial injuries; Evaluate how liability insurance transmits and transforms the deterrence signal of securities liability...