Alternative Risk Strategies [Hardcover]

Morton Lane (Author)

Book Description

Publication Date: May 2002 | ISBN-10: 1899332634 | ISBN-13: 978-1899332632

This volume exposes the relatively new area of risk financing from traditional methods of insurance and provides analysis of the intersection of insurance and finance. It provides a detailed insight on a variety of issues to include an overview of the reinsurance industry, contingent financing, terrorism risk, captives, finite risk, loss portfolio transfers, catastrophe risk, modelling issues and risk swaps. The work features multi-author contributions from leading industry experts of the effects of September 11th on the insurance and reinsurance markets and chronicles the market changes from traditional methods of insurance through industry developments, research and current practice.

Editorial Reviews

Review

Must be the most comprehensive book on the subject to date, reflected in the quality, quantity and depth of essays. -- James Brewer, Insurance Editor, Lloyds List June 6,2002

Regarding sheer scope and the expertise of the contributors, this book sets a standard for reference volumes of its type. -- Mark A. Hoffman, Business Insurance, Jan 20th 2003

The most comprehensive book on the subject to date, which is reflected in the quality, quantity and depth of essays. -- James Brewer, Lloyd's List, August 2002

This impressive book offers broad and detailed coverage of alternative risk transfer (ART). -- Michael Sherris, University of New South Wales

Those involved with ART products or with the development of risk transfer strategies would definitely find this book useful. -- Michel M. Dacorogna, Converium, Zurich, Switzerland

an important source of information on this rapidly developing market... provides a valuable insight into ART techniques and their applications. -- Satyajit Das, The Finance and Treasury Professional

About the Author

Morton Lane is the President of Lane Financial, LLC, a broker-dealer engaged in consulting and transaction activity at the intersection of the reinsurance and capital markets. He is also a director of Select Re, Bermuda. Previously, Morton has been senior managing director of the Capital Markets Division at Gerling Global Financial Products (GGFP), President of Discount Corp of New York Futures, senior managing director and head of commodities of Bear Stearnes & Co, president of Lind-Waldock, investment officer for The World Bank, and lecturer at the London Graduate School of Business Studies. Morton is a prominent speaker on insurance and securitisation and has written numerous articles on the subject. In 2001, he was awarded the Charles A. Hachemeister Prize for his article on "Pricing Risk Transfer Transactions" published in the Actuarial Studies in Non-life Insurance (ASTIN) Bulletin. He has co-authored two books, The Treasury Bond Basis and Eurodollar Futures. He has also designed and taught courses at the University of Chicago Graduate School of Business. Morton earned his B Soc SC from Birmingham University, and his PhD in mathematics, business administration and computer science from the University of Texas.

Product Details

• Hardcover: 670 pages
• Publisher: Risk Publications (May 2002)
• Language: English
• ISBN-10: 1899332634
• ISBN-13: 978-1899332632
• Product Dimensions: 9.3 x 6.3 x 2 inches
• Shipping Weight: 3.4 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #2,595,127 in Books (See Top 100 in Books)