When Insurers Go Bust

The book examines the catastrophic failures of major insurance companies in the 1990s, igniting a critical discussion on policyholder protection. It critiques existing insurance regulation and proposes a transformative approach that mirrors the governance structures of non-financial firms, aiming to enhance stability and accountability in the insurance sector. Through detailed analysis of specific case studies, it seeks to provide innovative solutions to prevent future collapses and safeguard consumer interests.