Rational Reinsurance Buying

This title brings together the perspectives of leading insurance practitioners to provide a variety of new insights into the behaviour and rationale behind organised insurance buying and risk assessment. It presents the strategies, motives and methods practiced by the major players and suggests why corporate behaviour and internal culture may have an influence on insurance purchasing. It examines the global behavioural aspects of reinsurance and breaks down buying patterns by organisational type and preferred strategy Provides inside knowledge to assist insurers in assessing their own reinsurance buying policies and to utilise the most appropriate and effective modelling techniques for specific needs. It includes sections on: alternative strategies; risk assessment; and the role of capital as well as a study of how transactions are now being made and efforts to create more sustainable relationships in the industry.