Making a market for acts of god : the practice of risk-trading in the global reinsurance industry / Paula Jarzabkowski ; Rebecca Bednarek and Paul Spee.

By: Jarzabkowski, PaulaContributor(s): Bednarek, Rebecca [Author] | Spee, Paul [Author]Material type: TextTextPublication details: Oxford : Oxford University Press, 2017Description: xiv, 231 p. : ill. ; 15 * 23 cmISBN: 9780198783770 (pbk.) Subject(s): Reinsurance | Marketing | financial market | Disaster insuranceDDC classification: 368.0122 Summary: Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is acritical part of the social and economic safety net, helping to pick up the pieces after disasters. Yet, how is the risk of such disaster.
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368.0122 PAU (Browse shelf (Opens below)) Available ULC35066

Includes reference and index.

Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is acritical part of the social and economic safety net, helping to pick up the pieces after disasters. Yet, how is the risk of such disaster.

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