This book explores the financial dynamics of the $2 trillion insurance industry - past, present, and future. Inside, industry scholars, regulators, and practitioners offer objective, rigorous analyses of the challenges facing the industry, including insolvency, risk-based capital regulations, default risk, asset allocation, performance measurement, and other pressing issues. These critical insights provide a glimpse at the forces that promise to shape and change the insurance industry as we know it.

The insurance industry is at an important crossroad. The Financial Dynamics of the Insurance Industry, through its "panel of experts," examines the industry's past, evaluates current financial choices and challenges, and provides guidance for maximizing future opportunities.