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By Al Ehrbar
A unique insider view into the recent AIG crisis and Hank Greenberg For nearly 40 years, Maurice "Hank" Greenberg was one of the most powerful CEOs in America. He built American International Group AIG from a second-rate insurer with a great Chinese franchise into one of the world's most profitable...
Aims to introduce the basic principles of insurance and risk with their special application to the aviation industry. This edition is suitable for college students, corporate pilots or fixed base operators, and individuals in the insurance business.
Development of quantitative methods based on stochastic analysis is an important achievement of modern financial mathematics. This book offers an introduction to the ideas, methods, and techniques that have transformed risk management into a quantitative science and led to unified methods for analyzing risk in the insurance and finance arenas.
'Embracing risk' offers an original approach to risk, insurance and responsibility, the provocative and wide-ranging essays demonstrate that risk has moved well beyond its origins in the insurance trade to become a central organizing principle of social and cultural life.
Risk is one of the fundamental features of human existence, as all decision makers employ it in one form or another. The revolutionary idea that defines the boundary between modern times and the rest of history is the notion that the future is more than just the whim of the...