By J. David Cummins, Bertrand Venard
THE guide OF overseas assurance
Gordon Stewart, President, coverage details Institute, long island, USA
"The globalization of assurance markets signifies that knowing either foreign advancements and native traits all over the world is now primary for coverage executives dealing with today’s advanced and aggressive setting. through delivering one of these entire photograph of the world’s coverage markets, this certain and useful booklet turns into a necessary instrument for someone trying to function correctly and successfully.
Richard D. Phillips, Professor and Chairman, division of chance administration and coverage, Georgia nation college, Atlanta, USA
"Comprehensive surveys, written through overseas specialists, offer intensive descriptions and talk about fresh advancements of the world’s significant coverage markets. each one bankruptcy comprises crucial insights for coverage executives and educational researchers drawn to hazard administration and the globalization of assurance markets."
Patrick Liedtke, Secretary common and coping with Director, the Geneva organization, Switzerland
"This publication depicts in a very good means the dichotomy of the assurance global this present day, that is nonetheless torn among worldwide ways and native ideas. either assurance pros and teachers will revenue tremendously from its clever insights."
Raimond Maurer, Professor, Goethe-University Frankfurt, Germany
"In present day excessive pageant atmosphere, the certainty of foreign assurance markets is important to maintain an coverage company’s aggressive virtue. This booklet makes a huge contribution to that understanding."
J. David Cummins, Harry J. Loman Professor of assurance and threat administration, Wharton tuition, collage of Pennsylvania, USA
Bertrand Venard, Professor of administration, Audencia. Nantes university of
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Extra resources for Handbook of International Insurance: Between Global Dynamics and Local Contingencies
Home-office employees tend to see the richest array of benefits: subsidized cafeterias, onsite child care, and company health clubs are standard, as are flexible and part-time work arrangements and good maternity benefits. Most insurance companies are committed to wellness programs, particularly if life and health coverage are among their offerings. Especially at the home office and at larger branches, you might have your pick of Alcoholics Anonymous, weight loss, smoking cessation, and exercise programs.
The company also is proud of its Actuarial Leadership Development Program, which involves 12to 18-month rotations across multiple business lines and a professional educational curriculum designed to hone leadership skills—not to mention provide study time for exam sessions. Background Demutualized in 2001, Prudential Financial underwent a restructuring of its portfolio. It dumped its property-casualty businesses onto Liberty Mutual in 2003, and in the same year sold its brokerage division to banking behemoth Wachovia.
The workplace π AT A GLANCE Financial and Personnel Highlights getting hired The insurer of choice for Abraham Lincoln and Robert E. Lee during the Civil War, The Hartford (yes, they like to retain the “The”) can also claim another famous name: Poet Wallace Stevens, widely acknowledged as one of the most important American poets of the 20th century, may be the company’s most famous retiree. Today the firm is focusing on just that demographic: A partnership with the AARP gives The Hartford the exclusive right to provide auto and homeowner policies to the organization’s members, allowing the company enviable access to the aging—and lucrative—Baby Boomer generation.
Handbook of International Insurance: Between Global Dynamics and Local Contingencies by J. David Cummins, Bertrand Venard