Includes bibliography.

Expansion, contraction, consolidation and regulation / Patricia Guinn -- The future of international insurance supervision in light of the financial crisis / Michel Flamée and Paul Windels -- Improving regulatory capital requirements : developments in the United States / Therese M. Vaughan -- Solvency II: a balancing act / Pamela Schuermans -- Solvency II: a new regulatory frontier / Paul Sharma and Paolo Cadoni -- The move to market-consistent reporting for insurers / Mark Freedman, Douglas French, Tara Hansen, and Therese Masiello -- Towards a global approach to regulating insurers and reinsurers / Raj Singh -- Toward global reinsurance regulation / Debra Hall and Jérôme Berset -- Evolution of insurance group supervision / Monica Mächler -- The role of financial conglomerates in the globalization of financial services : regulatory complexities and the European perspective / Michel Flamée and Paul Windels -- The architecture of group supervision / John Trowbridge -- The IAIS multilateral memorandum of understanding : an important tool for cooperation and information exchange between insurance supervisors / Peter Braumüller and Alexander Warzilek -- Uniform treatment of creditors' rights : fundamental to global insurance and reinsurance regulatory advances / Peter Ivanick and Lynn Roberts -- Corporate governance and risk management in the insurance and reinsurance industries / Cecelia Kempler -- Aggregating global risks arising from regulatory disparities / Jerry de St Paer and Michael E. Mathisen -- Risk culture / Prakash Shimpi and Heike Klappach -- Incorporating capital requirements in risk management / Stephen P. Lowe -- Securitization and insurance / Marcelo Ramella -- Structuring catastrophe bonds : a functionalist perspective / John Schwolsky and Matthew Stern -- Growth and diversification of the captive insurance market / Peter Neville -- Past, present, and future insurance markets and regulations in China / Dongmei Chen and Xian Xu -- Financial services firms in India : the road ahead and the challenges / Anita Pennathur -- Insurance underutilization in emerging economies : causes and barriers / Rodolfo Francisco Wehrhahn.