Catastrophic risk [electronic resource] : analysis and management / Erik Banks

Catastrophic risk is one of the most significant and challenging areas of corporate risk management. Analyze this risk for your company with "Catastrophic Risk" and make sure you have sufficient resources to absorb losses and avoid financial distress. The first comprehensive volume to address this topic from a financial perspective, this book is a guide to the worst financial risks threatening companies and industries today. Author Eric Banks begins with a consideration of 'catastrophe' and its implications, looks at the state of actuarial and financial modelling of catastrophe risks, and discusses the creation of a risk management framework that will enable the efficient and secure management of exposure. "Catastrophic Risk" is essential reading if you re a corporate treasurer, CFO, or insurance/financial risk manager responsible for corporate risk management.