Summary of Insurance From Underwriting to Derivatives
Looking for the book?
We have the summary! Get the key insights in just 10 minutes.
Rating
7 Overall
Recommendation
In Insurance from Underwriting to Derivaties, Eric Briys and Francois de Varenne, both Deutsche Bank insurance experts, have written a highly technical, albeit readable, book for their professional peers. They discuss property-casualty insurance, risk, securitizing, pricing and liabilities duration in the United States and Europe. However, it will dawn on the casual reader fairly early that there should be an "experts only" label on the book jacket. Even the basic introduction to property-casualty insurance begins with the presentation of complex mathematical models. More daunting models, charts and graphs elucidate information throughout. Insiders will appreciate this data and the extensive footnotes and references. While this may not be a book for the mid-management reader, getAbstract.com assures you, without risk, that its target audience - financial executives and professionals in the insurance industry - will be very glad to have it.
In this summary, you will learn
- An outline of the basics of property-casualty insurance, including securitizing risks;
- The state of the insurance industry in Europe and the United States and
- How professionals manage life insurance pricing, duration, assets and liabilities.
About the Authors
Eric Briys is a managing director at Deutsche Bank, where he heads the Insurance Strategies Group. He worked previously for Merrill Lynch and Lehman Brothers, and is a former Professor of Finance at HEC Management. He has published seven books on finance and economics and more than thirty scientific articles. Francois de Varenne covers European insurance and reinsurance companies as a vice-president at the Deutsche Bank. He also worked previously for Merrill Lynch and Lehman Brothers. He is the former head of Financial and Economics Affairs at the French Federation of Insurance Companies. He has published three books and more than ten scientific articles.
Summary
Get the key points from this book in 10 minutes.
Customers who read this summary also read
