Download Structured Finance and Insurance: The ART of Managing Capital and Risk
The books Structured Finance And Insurance: The ART Of Managing Capital And Risk, from straightforward to complex one will be an extremely useful works that you can require to transform your life. It will certainly not provide you negative statement unless you don't obtain the meaning. This is definitely to do in reviewing an e-book to conquer the definition. Typically, this e-book qualified Structured Finance And Insurance: The ART Of Managing Capital And Risk is reviewed considering that you really like this kind of e-book. So, you can get much easier to comprehend the perception and significance. Once again to consistently remember is by reading this e-book Structured Finance And Insurance: The ART Of Managing Capital And Risk, you can satisfy hat your interest beginning by finishing this reading e-book.
Structured Finance and Insurance: The ART of Managing Capital and Risk
Download Structured Finance and Insurance: The ART of Managing Capital and Risk
Need an aid to locate the new launched book? Don't bother! Don't believe so hard since we are constantly in to aid you. Whoever you are, to discover the book, from numerous nations, is currently easy. Here, we have the lots collections of numerous types as well as styles of the books. The books are listed in soft documents systems and you could discover the web link for each and every book to download.
The visibility of this Structured Finance And Insurance: The ART Of Managing Capital And Risk in this world adds the collection of most desired book. Also as the old or brand-new publication, book will certainly offer remarkable advantages. Unless you don't really feel to be tired every time you open guide as well as read it. Actually, book is an extremely excellent media for you to appreciate this life, to delight in the world, and to know everything on the planet.
One of motivating factors that you can decided to get this book is due to the fact that this is very appropriate to the problem that you deal with currently. The condition is not just for you that are not scared to get brand-new thing, for you that constantly feel that you require brand-new resources making far better life. And also this publication is really correct to check out also in just brief downtime. Yeah, with the soft documents of Structured Finance And Insurance: The ART Of Managing Capital And Risk, you can take very easy to continually read and also read this book again.
When you feel that you're interested sufficient in this book, you can get it by clicking the connect to connect straight to the book. Structured Finance And Insurance: The ART Of Managing Capital And Risk is provided in the soft documents forms, so you could conserve and also review it in different device. We imply that it is suitable and offered to review every single time you want. Also it remains in the train or every where you are, you can utilize the extra time for analysis.
From the Inside Flap
The evolution and development of structured finance and structured insurance (a.k.a. alternative risk transfer or ART) have provided increasing numbers of nonfinancial corporations with dynamic new techniques for creating value by integrating the management of capital and risk. A practical obstacle, however, has been the difficulty of structuring efficient, customized solutions to risk and capital management without—intentionally or not—creating even larger problems and pitfalls. Structured Finance and Insurance explores the develop?ment of this new generation of products and solutions for managing market, credit, operational, legal, and other risks in the context of the broader themes of corporation finance and risk management. Risk managers, treasurers, and CFOs on the corporate side, as well as reinsurers, insurance brokers, and investment bankers on the product side, will gain new insights and knowledge through its well-organized approach: Part One provides a theoretical backdrop by reviewing the fundamental principles of capital management, corporation finance, risk transfer, and risk finance Part Two presents a review of traditional risk transfer with a strong emphasis on credit risk management—the products and solutions reviewed include insurance, reinsurance and retrocession, financial guarantees, sureties, and credit derivatives Part Three provides a detailed look at structured finance products and processes, including structured notes, hybrid and convertible structures, contingent capital, CDOs, and project/principal finance Part Four examines techniques of structured insurance and ART, including insurance-linked notes, captives and mutuals, finite risk, multi-line and multi-trigger structures, and contingent cover Part Five features valuable chapters written by leading experts on specific issues and topics including the treatment of insurance under the Basel Accord, trends in insurance securitizations, specific examples of the use of structured finance and insurance techniques to facilitate enterprise risk management, new accounting and disclosure requirements, and more Structured Finance and Insurance provides today's most detailed and well-grounded coverage of the latest alternatives for managing corporate risks by either employing insurance solutions or accessing capital markets. Case studies and examples help practitioners to understand that while insurance and financial solutions are in many ways similar, they often possess critical differences that can explode on the unwary user. By helping capital markets and insurance professionals to speak the same language—the common language of capital management and corporate finance—this essential book will bring structure and precision to an often-cloudy world and help eliminate the confusion that has, in the past, turned the convergence of structured finance and insurance from a financial boon to a headline-making nightmare.
Read more
From the Back Cover
Praise for Structured Finance & Insurance "More and more each year, the modern corporation must decide what risks to keep and what risks to shed to remain competitive and to maximize its value for the capital employed. Culp explains the theory and practice of risk transfer through either balance sheet mechanism such as structured finance, derivative transactions, or insurance. Equity is expensive and risk transfer is expensive. As understanding grows, and, as a result, costs continue to fall, ART will continue to replace equity as the means to cushion knowable risks. This book enhances our understanding of ART." —Myron S. Scholes, Frank E. Buck Professor of Finance, Emeritus, Graduate School of Business, Stanford University "A must-read for everyone offering structured finance as a business, and arguably even more valuable to any one expected to pay for such service." —Norbert Johanning, Managing Director, DaimlerChrysler Financial Services "Culp's latest book provides a comprehensive account of the most important financing and risk management innovations in both insurance and capital markets. And it does so by fitting these innovative solutions and products into a single, unified theory of financial markets that integrates the once largely separate disciplines of insurance and risk management with the current theory and practice of corporate finance." —Don Chew, Editor, Journal of Applied Corporate Finance (a Morgan Stanley publication) "This exciting book is a comprehensive read on alternative insurance solutions available to corporations. It focuses on the real benefits, economical and practical, of alternatives such as captives, rent-a-captive, and mutuals. An excellent introduction to the very complex field of alternative risk transfer (ART)." —Paul Wöhrmann, PhD, Head of the Center of Excellence ART and member of theExecutive Management of Global Corporate in Europe, Zurich Financial Services "Structured Finance and Insurance transcends Silos to reach the Enterprise Mountaintop. Culp superbly details integrated, captive, multiple triggers and capital market products, and provides the architectural blueprints for enterprise risk innovation." —Paul Wagner, Director, Risk Management, AGL Resources Inc.
Read more
See all Editorial Reviews
Product details
Hardcover: 892 pages
Publisher: Wiley; 2nd edition (January 23, 2006)
Language: English
ISBN-10: 0471706310
ISBN-13: 978-0471706311
Product Dimensions:
6.4 x 1.9 x 9.1 inches
Shipping Weight: 2.8 pounds (View shipping rates and policies)
Average Customer Review:
4.3 out of 5 stars
5 customer reviews
Amazon Best Sellers Rank:
#975,999 in Books (See Top 100 in Books)
Culp's Structured Finance & Insurance provides a fantastic integration of insurance with the broader world of the financial services industry. Culp is one of the very best authors in this field and his focus on the economic substance of different transactions (e.g., letters of credit and reinsurance contracts) and securities is one of the book's greatest strengths.I have now read this book several times and each time I can say that I have come away with both new thoughts about the financial transactions in question and new insight into the relationships across different finanacial instruments and institutions. Further, I have referred to Culp's text many times in my daily work, especially for its ability to clearly relate each transaction to its economic fundamentals.I found the last section with guest authors to be somewhat uneven in quality, although some of these chapters have proven to be useful in their treatment of such issues as weather derivatives.
I ordered this book for a graduate course I am taking. The book seems really great if you're in the industry. However, I am just getting into the risk management field and for someone like me, it's a little hard to follow this book sometimes without prior finance knowledge. It seems more geared toward CEO's or CFO's. So depending who you are, you will get different things out of it. If you're a professional, you'll probably benefit the most out of it, I would think. Even as a finance student, it's informative; just keep investopedia and a dictionary close by.
This is a very comprehensive textbook on a very interesting subject. Author can be ridiculously long-winded at times but the content is covered in great detail.
This book provides a great details and knowledges about structured finance. If you are interested in the overall depth understanding about this area, this book is a good buy.
It is a good textbook for a course taught at very few places. Decent academic background is provided. The students will be able to use some of the stuff if they get jobs in the field. Overly academic to my taste. Probably appropriate for a textbook.
Structured Finance and Insurance: The ART of Managing Capital and Risk PDF
Structured Finance and Insurance: The ART of Managing Capital and Risk EPub
Structured Finance and Insurance: The ART of Managing Capital and Risk Doc
Structured Finance and Insurance: The ART of Managing Capital and Risk iBooks
Structured Finance and Insurance: The ART of Managing Capital and Risk rtf
Structured Finance and Insurance: The ART of Managing Capital and Risk Mobipocket
Structured Finance and Insurance: The ART of Managing Capital and Risk Kindle
0 komentar:
Posting Komentar