The Palgrave Handbook of Unconventional Risk Transfer

Maurizio Pompella is Professor of Financial Intermediaries Economics at the School of Economics and Management at the University of Siena, Italy. He is highly sought for his teaching, and has lectured at Universities in Europe, Latin America, the Middle East, Russian Federation and China. Among his other scholarly pursuits he has been serving as a reviewer for the prestigious Journal of Risk and Insurance, and is the Editor of the forthcoming series Palgrave Studies in Risk and Insurance. Nicos Scordis is a Professor at the School of Risk Management, Insurance and Actuarial Science at St. John’s University in New York, USA. He was honoured with the prestigious Les B. Strickler Innovation in Instruction Award from the American Risk and Insurance Association for his educational contributions to the developing speciality of alternative risk transfer. He publishes both in scholarly journals and in professional publications on the topic of value creation in the risk and insurance industry.

Chapter 1: Introduction.- Chapter 2: A Theoretical Perspective on Risk Management.- Chapter 3: A Practical Perspective on Corporate Risk Management.- Chapter 4: Reinsurance, Insurability and the New Paradigms of Unconventional Risk Transfer.- Chapter 5: Enterprise Risk Management and the Risk Management Process.- Chapter 6: Credit Risk Transfer with Single-Name Credit Default Swaps.- Chapter 7: Natural Hazards.- Chapter 8: Anthropic Perils and Man-Made Risks.- Chapter 9: Mortality and Longevity Risk.- Chapter 10: Country risk: case study on crises examples and lessons learnt.- Chapter 11: Disaster Vulnerability.- Chapter 12: Insurance Linked Securities-Structured and Market Solutions.- Chapter 13: Longevity Risk Transfer.- Chapter 14: Quantitative Man-made Risks Modelling. Chapter 15: Pandemic Risk Modelling.- Chapter 16: Assembling Individual ILS into an Optimal Portfolio.- Chapter 17: Stress Testing with Bayesian Nets and Related Techniques: Meeting the Engineering Challenges.