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further one: Credit derivatives have much in common with treaty reinsurance, e.g. risk transfer via pooling and layering … certain rules adopted by the reinsurance market and to a certain mindset adopted by the individuals working in the industry …. Some of the traditions established in the insurance and reinsurance world could possibly inspire markets like the credit …
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Financial stability is the key objective that sustains and empowers investments and economic groth, or scatters the opportunities when lacking. As growth translates to profitability, and profitability is dependent upon solvalibility, the need for a deep knowledge of all potential risks surfaces....
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This new report from the Geneva Association looks at the relationship between insurance wind-downs and systemic risk, concluding that frameworks for dealing with such risks in banking "would be a poor guide" to necessary changes in insurance. The report argues that all necessary recovery and...
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academics and professionals from around the world, this book covers in detail issues in securitization, financial risk … reinsurance, CAT risk management, crisis management, natural, environmental and man-made risks, terrorism risk, risk modelling … Perspective on Corporate Risk Management -- Chapter 4: Reinsurance, Insurability and the New Paradigms of Unconventional Risk …
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