Title
Structured Finance and Insurance: The ART of Managing Capital and Risk,Used
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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 mustread 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, rentacaptive, and mutuals. An excellent introduction to the very complex field of alternative risk transfer (ART).'Paul Wohrmann, 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.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the main focus of 'Structured Finance and Insurance'? A: The book primarily focuses on the theory and practice of risk transfer in finance and insurance, exploring how corporations can manage capital and risk effectively.
- Q: Who is the author of this book? A: The author is Christopher L. Culp, a recognized expert in structured finance and risk management.
- Q: How many pages does the book have? A: The book contains 912 pages, providing an in-depth exploration of its topics.
- Q: What type of binding does this book have? A: This edition of the book is a hardcover, ensuring durability and a professional appearance.
- Q: When was 'Structured Finance and Insurance' published? A: The book was published on January 23, 2006.
- Q: Is this book suitable for beginners in finance? A: While the book provides comprehensive insights, it may be more beneficial for readers with some background in finance or risk management due to its advanced concepts.
- Q: What edition of the book is available? A: This listing is for the 2nd edition of 'Structured Finance and Insurance'.
- Q: What are some key themes discussed in the book? A: Key themes include alternative risk transfer methods, the integration of insurance and capital markets, and innovative financial solutions for managing corporate risk.
- Q: Are there any reviews or endorsements from notable figures? A: Yes, the book has received praise from several finance experts and professionals, highlighting its comprehensive approach to structured finance and risk management.
- Q: What can readers expect to learn from this book? A: Readers can expect to gain a deeper understanding of risk management strategies, structured finance mechanisms, and the evolving landscape of corporate finance.