Customer Reviews

Alternative Risk Transfer: Integrated Risk Management through Insurance, Reinsurance, and the Capital Markets (The Wiley Finance Series)

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The book seems to be easy to read, but still quite comprehensive. The new tendencies of ART solutions are good captured and described in a well understandible manner. Good book for everyone who wants to know main features of ART market without getting himself lost in small mathematical details

In this excellent introduction to risk management, author Erik Banks offers a lucid, clearly written and well-organized overview. He tells readers what risk management is, why it is necessary, how it works and how companies can carry it out most prudently and cost-effectively. He manages to convey the essential information about insurance and reinsurance, the use of capital markets and derivatives, and the application of enterprise risk management concisely. This is a remarkable achievement. Most books on insurance bog down in jargon and details, while most books on derivatives are unnecessarily complicated and dense. This one - offered by the Wiley Finance Series - is neither. Although not exactly beach reading, it's about as accessible as any book on this subject could possibly be. We recommend it highly to executives and investors.