Making a Market for Acts of God: The Practice of Risk Trading in the Global Reinsurance Industry

Making a Market for Acts of God

The Practice of Risk Trading in the Global Reinsurance Industry

2015 • 257 pages

Reinsurance is a market that provides cover for the devastating consequences of unpredictable events such as Hurricane Katrina, or the Tohoku earthquake, underpinning society's capacity to rebuild after the unthinkable happens. This book fleshes out how this important and quirky financial market works.


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