000797988 000__ 04634cam\a2200517Mu\4500 000797988 001__ 797988 000797988 005__ 20230306143459.0 000797988 006__ m\\\\\o\\d\\\\\\\\ 000797988 007__ cr\cn\nnnunnun 000797988 008__ 170812s2017\\\\sz\\\\\\o\\\\\000\0\eng\d 000797988 019__ $$a1000116541$$a1003693322$$a1004249310 000797988 020__ $$a9783319592978 000797988 020__ $$a3319592971 000797988 020__ $$z9783319592961 000797988 020__ $$z3319592963 000797988 035__ $$aSP(OCoLC)on1000451934 000797988 035__ $$aSP(OCoLC)1000451934$$z(OCoLC)1000116541$$z(OCoLC)1003693322$$z(OCoLC)1004249310 000797988 040__ $$aEBLCP$$beng$$cEBLCP$$dYDX$$dN$T$$dOCLCF$$dUAB 000797988 049__ $$aISEA 000797988 050_4 $$aHG4027.3 000797988 050_4 $$aHG1-HG9999 000797988 08204 $$a658.15/5$$223 000797988 08204 $$a332 000797988 1001_ $$aPompella, Maurizio. 000797988 24514 $$aThe Palgrave handbook of unconventional risk transfer. 000797988 260__ $$aCham :$$bSpringer International Publishing,$$c2017. 000797988 300__ $$a1 online resource (585 pages) 000797988 336__ $$atext$$btxt$$2rdacontent 000797988 337__ $$acomputer$$bc$$2rdamedia 000797988 338__ $$aonline resource$$bcr$$2rdacarrier 000797988 500__ $$a5.3.1.1 The Valuation Model 000797988 504__ $$aIncludes bibliographical references and index. 000797988 5050_ $$aForeword; Contents; List of Figures; List of Tables; 1: Introduction; Part I: Risk Management Strategies and Perspectives; 2: A Theoretical Perspective on Risk Management; 2.1 Introduction; 2.2 Why Should a Firm Manage Risks?; 2.2.1 A Point of Departure: Risk Neutral Owner and a Linear Exposure; 2.2.2 Risk Aversion on the Part of the Owner: A Reason to Lower Risk?; 2.2.3 Why Variability Might Lower the Value of the Firm; 2.2.4 Why Variability Could Increase the Value of the Firm; 2.3 Sources of Changes in Profit-Risk and Uncertainty; 2.4 Ways to Manage Risk and Uncertainty 000797988 5058_ $$a2.4.1 Hedging Risk Due to s with Derivatives and Insurance Contracts2.4.2 Operational Hedging; 2.4.3 Flexibility; 2.4.4 Managing Liquidity and Ensuring Access to New Funds; 2.5 Concluding Remarks; Notes; References; 3: A Practical Perspective on Corporate Risk Management; 3.1 Introduction; 3.2 Risk and Uncertainty; 3.2.1 Decisions Under Conditions of Risk; 3.2.2 Decisions Under Conditions of Uncertainty; 3.3 Challenges in Pricing Corporate Risk; 3.3.1 Different Consumption Preferences; 3.3.2 Choosing the Right Metric; 3.3.3 In Need of Prudence; 3.4 Why Corporations Manage Risk 000797988 5058_ $$a3.4.1 The View from the Academy3.4.2 Towards a Risk Strategy; References; Part II: Conventional vs Unconventional Transfer; 4: Reinsurance, Insurability and the New Paradigms of Unconventional Risk Transfer; 4.1 Traditional Reinsurance; 4.2 How Conventional Transfer Works; 4.3 Unconventional Transfer and ILSs; 4.4 The Innovation in the "Life Insurance" Sector; 4.5 Insurability of Risks; 4.6 Securitisation; 4.7 ART Attractiveness; 4.8 Asymmetries and Parametric Triggering; 4.9 New Markets for Life Insurance Policies; 4.10 From Viatical to Life Settlement 000797988 5058_ $$a4.11 Premium Financing and STOLI Policies4.12 More on the Enterprises Perspective; 4.12.1 A Taxonomy of Risks and Actors; 4.12.2 Pure Risk Management and CAT Risks; 4.12.3 Pure Business Risk Financing and Control; 4.12.4 The Risk Management Process, Prevention, Protection, and Resilience; 4.12.5 Cost of Risk for Enterprises; 4.13 More on the Insurers' Perspective; 4.13.1 Subscribed and Subscription Risk; 4.13.2 Exposure Limits; 4.14 The New Paradigms of Unconventional Transfer; 4.14.1 Structured Finance and Insurers; 4.14.2 A Brief Outline of Market Products and the New Way 000797988 5058_ $$a4.14.3 Risk Warehousing and Intermediation: The Actuarial Versus the Financial View Notes; References; Arrow, K.J. 1970. Insurance, Risk and Resource Allocation. In Essays in the Theory of Risk Bearing, ed. K.J. Arrow. Amsterdam: North Holland.; Suggested Further Readings; 5: Enterprise Risk Management and the Risk Management Process; 5.1 Introduction; 5.2 Preliminary Definitions and Concepts; 5.2.1 What Is Risk?; 5.2.2 What Is Enterprise Risk Management?; 5.2.3 The Risk Management Process; 5.3 Objectives of Risk Management; 5.3.1 How Does Risk Affect Value? 000797988 506__ $$aAccess limited to authorized users. 000797988 588__ $$aDescription based on print version record. 000797988 650_0 $$aRisk management$$vHandbooks, manuals, etc. 000797988 7001_ $$aScordis, Nicos A. 000797988 77608 $$iPrint version:$$aPompella, Maurizio$$tThe Palgrave Handbook of Unconventional Risk Transfer$$dCham : Springer International Publishing,c2017$$z9783319592961 000797988 852__ $$bebk 000797988 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-59297-8$$zOnline Access$$91397441.1 000797988 909CO $$ooai:library.usi.edu:797988$$pGLOBAL_SET 000797988 980__ $$aEBOOK 000797988 980__ $$aBIB 000797988 982__ $$aEbook 000797988 983__ $$aOnline 000797988 994__ $$a92$$bISE