Managing risk in reinsurance
from city fires to global warming
- ISBN: 9780198754916
- Editorial: Oxford University Press
- Fecha de la edición: 2016
- Lugar de la edición: Oxford. Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 360
- Idiomas: Inglés
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.
