Q. What is an example of a swap?

View solution

Q. What is the purpose of derivatives in risk management?

View solution

Q. Which exchange started trading insurance futures contracts following Hurricane Andrew?

View solution

Q. What is the main characteristic of a futures contract?

View solution

Q. What is "basis risk" in the context of insurance derivatives?

View solution

Q. In which sectors are weather derivatives particularly relevant?

View solution

Q. What is a benefit of "swap"-like situations for insurers and reinsurers?

View solution

Q. What is the main purpose of securitization in the insurance market?

View solution

Q. Why does securitization provide comfort to policyholders?

View solution

Q. What is the role of a Special Purpose Vehicle (SPV) in securitization?

View solution

Q. What does securitization allow issuers to do with their underlying assets?

View solution

Q. What benefit does securitization offer to investors?

View solution

Q. ___________ are where two parties agree to a trade in the future but one party retains the right to opt out of the trade.

View solution

Q. What has created new challenges and opportunities for the financial services industry?

View solution

Q. Which market has been playing a growing role in the retrocessional arena?

View solution

Q. What is Alternative Risk Transfer?

View solution

Q. What is the optimal risk management solution in most situations?

View solution

Q. What is the result of the hardening of traditional products' prices and dwindling capacity?

View solution

Q. Which factor has contributed to the creation of new challenges and opportunities for the financial services industry?

View solution

Q. The capital market has been playing a growing role in which arena?

View solution