Policy-Only Liability Insurance as Alternative to Prudential Regulation in the New Zealand Life Assurance Industry
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Schmulow, Andy (2008) Policy-Only Liability Insurance as Alternative to Prudential Regulation in the New Zealand Life Assurance Industry. Waikato Law Review, 16. pp. 251-263. ISSN 1172-9597
Abstract
This paper will argue that even recent history is littered with examples of failures by the financial regulators to prevent bank and insurer failures in the UK, the US, Australia and elsewhere. This paper argues that regulators are inherently incapable of performing the task. The theoretical basis for which is investigated below. Evidence will be drawn from the collapse of HIH and the role of the Australian Prudential Regulator (APRA) in that collapse.
Item type | Article |
URI | https://vuir.vu.edu.au/id/eprint/3928 |
Official URL | http://search.informit.com.au/documentSummary;dn=6... |
Subjects | Historical > Faculty/School/Research Centre/Department > Centre for International Corporate Governance Research Historical > FOR Classification > 1402 Applied Economics Historical > FOR Classification > 1801 Law Historical > SEO Classification > 9404 Justice and the Law |
Keywords | ResPubID15020, ResPubID14811. life insurance, liability insurance, life insurance claims, insurance policies, insurance - economic aspects |
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