Skip to main content
SpringerLink
Log in

Financial Conglomerates

New Rules for New Players?

  • Book
  • © 1995

Overview

Editors:
  1. Lutgart Berghe

    1. Erasmus Finance and Insurance Centre, Erasmus University Rotterdam, The Netherlands
      The Vlerick School of Management, University of Ghent, Belgium

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (9 chapters)

  1. Front Matter

    Pages i-xii
    Download chapter PDF

  2. Defining financial conglomerates

    • L. A. A. Van den Berghe
    Pages 1-20

  3. Defining financial conglomerates

    • Lutgart Van den Berghe
    Pages 21-51

  4. Application of the most relevant definitions to the relational database

    • K. Verweire
    Pages 53-68

  5. Financial conglomerates; Risks?

    • L. A. A. Van den Berghe
    Pages 69-76

  6. Solvency regulations for financial conglomerates

    • L. A. A. Van den Berghe, J. Roos
    Pages 77-106

  7. Research into the possibility of a global approach for the calculation of the solvency requirements of financial conglomerates

    • L. A. A. Van den Berghe, J. Roos
    Pages 107-124

  8. Financial conglomerates, solvency and risks

    • Lutgart Van den Berghe
    Pages 125-148

  9. Why financial conglomerates?

    • L. A. A. Van den Berghe
    Pages 149-156

  10. Summary and Conclusions

    • L. A. A. Van den Berghe, A. Oosenbrug, K. Verweire
    Pages 157-173

  11. Back Matter

    Pages 175-186
    Download chapter PDF
Back to top

Keywords

About this book

The last couple of years, financial conglomerates have been established all over Europe. This horizontal diversification has not only attracted a great deal of attention in the banking and insurance sector but has also alarmed the supervisory authorities and the European Commission. Although the benefits of financial conglomerates are straightforward, it is clear that quite a number of potential risks can not be ignored. Since the phenomenon of "financial conglomeration" is rather new, the regulators do not possess a great deal of objective, scientific reference bases on which to construct the necessary regulations. Moreover the complexities and specific char­ acteristics of the financial conglomerates do not permit a simple extrapolation of the rules for industrial conglomerates. Even the extrapolation of banking regula­ tions to insurance groups and vice versa poses a lot of difficult questions. These observations lie at the origin of the research carried out at the Erasmus Finance and Insurance Centre (EPIC at the Erasmus University in Rotterdam), in collaboration with the Impulse Centre for Financial Services and Insurance (ALEA at the Vlerick School of Management of the University of Ghent). To confront the research results with the expertise of the business world and the supervisory authorities a workshop was organised in Rotterdam (1994). This publication is partly based on these research results and the workshop discussions. Three main blocs can be distinguished: the definition of financial conglomerates; the potential risks and the regulatory aspects; the strategic issues.

Editors and Affiliations

  • Erasmus Finance and Insurance Centre, Erasmus University Rotterdam, The Netherlands

    Lutgart Berghe

  • The Vlerick School of Management, University of Ghent, Belgium

    Lutgart Berghe

Bibliographic Information

  • Book Title: Financial Conglomerates

  • Book Subtitle: New Rules for New Players?

  • Editors: Lutgart Berghe

  • DOI: https://doi.org/10.1007/978-94-011-0413-5

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media Dordrecht 1995

  • Softcover ISBN: 978-0-7923-3796-6Published: 15 November 1995

  • eBook ISBN: 978-94-011-0413-5Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: 192

  • Number of Illustrations: 4 b/w illustrations

  • Topics: Fundamentals of Law, Finance, general, Financial Law/Fiscal Law, Management

Publish with us

Policies and ethics

Back to top

Search

Navigation