ABOUT THE BOOK

This book presents a detailed discussion of the products and how they bridge the gap between insurance and reinsurance, and the capital markets. The author examines insurance risk from both the investor and insurance company perspectives, providing insights into the value of gaining exposure to this sector, and how to do so through the various types of insurance-linked securities available to investors, including catastrophe bonds, industry loss warranties, extreme mortality bonds and life settlements. Detailed sections consider strategies for investing and how to effectively model returns and risk. The book’s five sections focus on: • Motivation and introduction to investing in insurance risk; • Investing in and modelling securities linked to property and casualty risk; • Securities linked to value in-force monetisation and funding regulatory reserves; • Investing in and modeling securities linked to mortality and longevity risk; and • Managing portfolios of insurance risk. This book in an essential resource for those active in the marketplace, and provides a grounding in the topic for those new to the field. The author offers a clear practitioner’s perspective, expertly guiding the reader through this new, evolving and expanding market.