Cox, Samuel H.; Fairchild, Joseph R.; Pedersen, Hal W. - International Actuarial Association / Actuarial Studies … - 2000
actuaries work
in the securitization business. It seems that the opportunities for actuaries in
securitization will increase … a discussion of the economics of securitization. We offer
a discussion of the reasons for these transactions and …. Business Insurance \[27\] in reporting on the USAA deal,
described USAA as "over exposed" to hurricane risk due to its …