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Members of NERA's Securities and Finance Practice joined experts from Marsh (a NERA sibling company) in a series of panel discussions for Marsh clients this month. NERA's portion of the discussion focused on the causes of the current credit crisis, including the role, if any, of accounting and reporting standards (specifically, SFAS 157, Fair Value Measurements). Marsh representatives discussed the financial stability of insurance companies and possible risk transfer options to meet the current financial challenges.