Managing Risk in Reinsurance

Managing Risk in Reinsurance

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Oxford University Press
EAN: 9780198754916
Print on demand
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Detailed information

The business of reinsurance developed at the fringe of financial services and, for most of its existence, went largely unnoticed outside the expert community. More recently, both public and professional sensitivity towards managing risks has increased and reinsurers have emerged as authorities on global threats such as climate change and natural catastrophes. This is the first book to provide a comprehensive historical description of this industry. It traces the global development of reinsurance from the early 19th century until today. As such it gives a detailed account of how the nature of risk itself changed over the last 200 years. It highlights all aspects relevant in shaping the industry from the development of risk, risk engineering and risk management, actuarial science, the financial and monetary environment, market conditions, impacts of politics, the effects of regulatory changes, to large risks and natural catastrophes. A comprehensive introduction by the editors highlights the different challenges and approaches to managing risk from a reinsurance perspective such as mathematical, financial, legal, and contractual developments, as well as the changing business models adopted. All of these are dealt with in further detail by ten contributing authors.
EAN 9780198754916
ISBN 0198754914
Binding Hardback
Publisher Oxford University Press
Publication date November 24, 2016
Pages 376
Language English
Dimensions 253 x 181 x 26
Country United Kingdom
Editors Haueter, Niels Viggo; Jones Geoffrey