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Alternative Risk Transfer - Integrated Risk Management Through Insurance, Reinsurance and the Capital Markets (Hardcover)
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Alternative Risk Transfer - Integrated Risk Management Through Insurance, Reinsurance and the Capital Markets (Hardcover)
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The Alternative Risk Transfer (ART) market has expanded in recent
years to become a vital source of risk solutions and risk capacity
and an important mechanism for the creation of integrated corporate
risk management programs. The ART market unites the risk management
and product development skills of financial institutions, insurers
and reinsurers with the capital of global investors to give
corporate risk managers the best possible means of managing
financial and operating risks. In a time when natural and man-made
disasters and financial volatility are constantly present, the need
for dependable, equitably priced risk capacity and innovative,
holistic risk solutions has never been greater. The ART market,
which can supply both, is thus becoming an integral component of
the 21st century financial markets. Alternative Risk Transfer,
written by a veteran of the banking and insurance industries,
provides a practical, detailed and up-to-date review of the topic.
The text is divided into four parts, including Risk and the ART
market Insurance and Reinsurance Capital Markets Enterprise Risk
Management and the Future of ART The book contains numerous worked
examples and case studies to
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