Summary |
The First International Conference on Insurance Solvency was held at the Wharton School, University of Pennsylvania, in Philadelphia from June 18th through June 20th, 1986.
The conference was motivated by developments in insurance regulation, growing problems with insurance company solvency, and the recognition of financial economics as a relevant methodology for analyzing insurance markets.
Papers presented at the Conference, plus a few relevant papers prepared subsequent to the Conference, have been gathered into two volumes for publication as the Proceedings of the First International Conference on Insurance Solvency. Volume I presents two extensive, up-to-date reviews of the classical theory of solvency as viewed by two of its principal architects. Teivo Pentikainen of Finland and Gregory Taylor of Australia. Volume II is primarily concerned with the market view of solvency and encompasses papers that either integrate the financial and classical approaches or adopt a purely financial-economic perspective.
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