Summary |
This exciting new publication offers a diverse kit to the reader interested in insurance derivatives, securitisation and weather derivatives. Important insights into pricing these exotic options and descriptions of this new asset class are covered in great detail. Further insights into weather derivatives are then presented. The book concludes with a chapter that helps us to understand both weather and insurance derivatives.
This brief Introduction includes some personal remembrances that may offer some insight into the process of developing new markets. The foundation and success of these new markets is due to a variety of complex factors and space limits any complete analysis.
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