Alternative risk transfer : integrated risk management through insurance, reinsurance, and the capital markets
- Chichester John Wiley & Sons 2004
- XI+225 p. 25 cm; Hard
3710 5/27/2004 12:00:00 AM 2004/CRB/0000204 dt 25/05/2004 Sri Eswar Enterprises
Table of Contents Acknowledgements ix Biography xi PART I: RISK AND THE ART MARKET 1 Overview of Risk Management 2 Risk Management Drivers: Theoretical Motivations, Benefits, and Costs 3 The ART Market and its Participants PART II: INSURANCE AND REINSURANCE 4 Primary Insurance/Reinsurance Contracts 5 Captives 6 Multi-risk Products PART III: CAPITAL MARKETS 7 Capital Markets Issues and Securitization 8 Contingent Capital Structures 9 Insurance Derivatives PART IV: ART OF THE FUTURE 10 Enterprise Risk Management 11 Prospects for Growth Glossary Selected References Index
A practical approach to ART-an alternative method by which companies take on various types of riskThis comprehensive book shows readers what ART is, how it can be used to mitigate risk, and how certain instruments/structures associated with ART should be implemented. Through numerous examples and case studies, readers will learn what actually works and what doesn't when using this technique. Erik Banks (CT) joined XL Capital's weather/energy risk management subsidiary, Element Re, as a Partner and Chief Risk Officer in 2001
0-470-85745-5
Reinsurance Finance Risk management Capital market Risk (Insurance)