Insurance : from underwriting to derivatives : asset liability management in insurance companies

Bibliographic Information

Insurance : from underwriting to derivatives : asset liability management in insurance companies

Eric Briys and François de Varenne

(Wiley finance series)

J. Wiley, c2001

Available at  / 3 libraries

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

An in-depth look at the increasingly significant convergence between the insurance industry and the capital markets. This important publication, by two premier financial experts, explores the unique convergence of finance and insurance. The book covers the basics of property-casualty insurance, securitizing insurance risks, looks at life insurance in the United States and ALM in insurance. It addresses the questions and concerns of investment banks, brokerage firms and the insurance/reinsurance sector itself, examines ongoing trends and issues, and how current market pressures on insurance companies do not just create challenges but actually point the way to future promising developments.

Table of Contents

Preface. The Basics of Property-Casualty Insurance. Securitizing Insurance Risks. Life Insurance in the United States: History of a Crisis. ALM in Insurance: An Empirical Wander Around Europe. Life Insurance Pricing and the Measurement of the Duration of Liabilities. A Functional Approach to the Insurance Industry. Conclusion and Future Challenges. Appendix: The ALM Survival Toolkit. Index.

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