The ART of Risk Management

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Summary: Packed with Knowledge!
Review: Finance professional and professor Christopher L. Culp tells all, that is, all about alternate risk transfer (ART) products. Culp discusses corporate finance in detail, covering different types of capital. He sets out the risk control and capital structure functions of various classical and alternative risk transfer steps, such as derivatives targeted at market and credit risk, asset divestiture, insurance and reinsurance. Don't even go here if you aren't already familiar with (or studying) the sophisticated basics of finance, since this is highly technical reading, including numerous formulas, charts and graphs describing financial theories and processes. But if you are an expert, we from getAbstract congratulate you on finding your way to Culp, who aimed his book at the already-savvy: corporate treasurers, financial officers and those who participate in capital markets and the reinsurance industry.

Rating:
Summary: For Useless Academics
Review: If you are a practicioner, skip this book. Even academics will find this rehash (and outright clone) of better material a waste of time.

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Summary: Risk Management Processes
Review: The focus comes from the insurance perpective and covers a niche in risk management that other books do not cover.