Integrating Corporate Risk Management

Risk is the lifeblood of a corporation. It provides the chance to turn a profit, but raises the spectre of ruin. This guide, by one of the world's leading experts in risk management, looks at techniques and provides a framework for risk management. This work asserts what matters most is that managers adopt a common view of risk. CEOs and financial officers need to be aware of multi-trigger products, run-off solutions, or finite risk reinsurance. To illustrate, the author introduces the Insurative Model, an important new tool for integrating risk management and capital management - for both seasoned corporate finance specialists as well as beginners. Other techniques are classified according to the degree they integrate insurance and risk management markets.