Abstract
This report discusses the causes and the negative effects of the insurance market crises. Using some case studies, it suggests a number of solutions to help eliminate or at least reduce the damage caused to global economic crunch and insurance market crisis.
Introduction
The aim of this research is to examine the causes and effects of market insurance crises. This work takes a comprehensive analysis of past crises while exploring how these disasters affect the entire insurance industry, and target market such as increasing liabilities underwritten by insurers. The paper proceeds to explore how the crisis affected insurers’ performance in several markets ...