Making a Market for Acts of God

Making a Market for Acts of God

The Practice of Risk Trading in the Global Reinsurance Industry

Bednarek, Rebecca (Research Fellow, Cass Business School, City University London); Spee, Paul (Senior Lecturer, Queensland University); Jarzabkowski, Paula (Professor, Cass Business School, City University London)

Oxford University Press

04/2015

256

Dura

Inglês

9780199664764

15 a 20 dias

Reinsurance is a market that provides cover for the devastating consequences of unpredictable events such as Hurricane Katrina, or the Tohoku earthquake, underpinning society's capacity to rebuild after the unthinkable happens. This book fleshes out how this important and quirky financial market works.
1. Reinsurance: A Market for Acts of God ; 2. United We Stand, Divided We Fall: Bearing Risk Collectively ; 3. Transforming Disasters into Tradable Deals ; 4. Calculation at the Frontier: Evaluation in the Absence of Models ; 5. One Firm's Trash is Another's Treasure: Competing in a Consensus Market ; 6. Unraveling the Nest: From a Market for Acts of God to a Market for Commodities ; 7. Addressing "Big Questions": Advancing a Practice Theory of the Market
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