SECURITIZED INSURANCE RISK Securitized Insurance Risk focuses exclusively and in depth on the convergence of the insurance and financial markets in risk management and the emergence of insurance risk as a non-correlated asset class. Written for insurers and investors alike, this book explores the opportunities available to forward-looking risk and investment managers. Chapters by prominent experts specifically address:
** the win-win principle behind securitizing insurance risk
** current structures, including catastrophe bonds, structured notes, catastrophe options, and swaps
** combining financial market tools with traditional reinsurance programs
** holding insurance risk, uncorrelated with stocks and bonds
** pricing insurance risk instruments and evaluation basis risk
** regulatory and accounting concerns
