Publisher's Synopsis
A quiet revolution is taking place in the (re)insurance industry. Against a background of intense competition and consolidation, primary insurers, reinsurers and major corporations are tapping sophisticated alternative risk transfer techniques to stay a step ahead of the pack.;In this volatile environment forward thinkers want more solutions. To deliver shareholder value they demand a combination of risk transfer and financial engineering which addresses both sides of the balance sheet. Corporations want to meet market expectations too. At the same time they want to reduce their risk financing and capital financing costs.