Catastrophe Risk and Reinsurance - A Country Risk Management Perspective
Released on: September 9, 2007, 10:29 pm
Press Release Author: Bharat Book Bureau
Industry: Financial
Press Release Summary: \"This book displays current state-of-the-art thinking about addressing a most formidable risk management challenge: natural disasters at the national level.
Press Release Body: Bharat Book Bureau, a leading market information distributor has tabled a report Catastrophe Risk and Reinsurance:A Country Risk Management Perspective http://www.bharatbook.com/detail.asp?id=5962 \"This book displays current state-of-the-art thinking about addressing a most formidable risk management challenge: natural disasters at the national level. It is a timely addition to the literature on risk management. The diversity of opinions as well as the balance of viewpoints from academia, industry, and government, ensures that the approach taken is comprehensive.\" Lloyd Foster, Vice President, Risk Management and Pricing, Transamerica Reinsurance \"A comprehensive summary of the tools and prerequisites for natural catastrophe financing schemes, based on practical examples and top expert input from around the world.\" Edouard Schmid, Swiss Re.Including the latest invaluable insights into catastrophe reinsurance, this book provides you with a wealth of risk management expertise gained from many of the largest catastrophe risk transfer programmes worldwide.
Drawing on material from a recent World Bank conference, Eugene N. Gurenko assembles some of the foremost reinsurance and risk management experts from industry and academia. The chapters thoroughly explore subjects such as country risk assessment, risk modelling, risk transfer methods and national reinsurance. . Outlines the key challenges involved in building national catastrophe insurance schemes and suggests how disaster-prone countries can manage their exposures to reduce the cost of risk by following the classical corporate risk management model . Demonstrates the importance of public-private partnerships in catastrophe risk financing by suggesting the roles of government and private risk markets . In addition to risk financing, this title uniquely covers the role of risk reduction and prevention in disaster prone countries
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