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Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
294 Operational Risk Control
How to spread losses across the insurance industry, and
Whether to spread them across an even wider base, including governments.
Those who look favourably at the message conveyed by the second point here, say
that the primary driving force behind the government’s decision to enter into
terrorism reinsurance should be to safeguard the economy’s access to needed
insurance protection. At the same time, measures must be taken to avoid bureaucracy
and therefore protect the taxpayers from inefficiency and excessive costs.
Experts opposed to government intervention as reinsurer of last resort point out
that alternative risk ...
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Publisher Resources

ISBN: 9780750659093