Summary |
Securitizations of insurance risk as new methods of risk transfer have been emerging in the global financial market during the recent twenty years. Christoph Weber analyses the techniques of traditional methods in comparison with securitizations for life and non-life insurance risk. During his stay for expert interviews in the USA in October 2008 the investment bank Lehman brothers defaulted triggering one of the deepest global economic crises in history. Strengths and weaknesses of the different products became obvious. In addition, an online survey about the market status and the banks’ role is analysed. Readers get an insight into the drivers and obstacles the different stakeholder groups face.
Contents
• Insurance business and its risk
• Traditional and alternative methods of risk transfer in life-and non-life-insurance
• Market stakeholders’ interview analysis
• Insurance linked securities online survey.
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