Financial Management of Life Insurance Companies /

The theme of this book is the management of life insurers using techniques drawn from the field of finance. The importance of financial management has increased greatly in recent years, paralleling the growth in competition within the financial services industry. This competitive environment reflect...

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Bibliographic Details
Main Author: Cummins, J. David
Corporate Author: SpringerLink (Online service)
Other Authors: Lamm-Tennant, Joan
Format: eBook
Language:English
Published: Dordrecht : Springer Netherlands, 1993.
Series:Huebner international series on risk, insurance, and economic security ; 17.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:The theme of this book is the management of life insurers using techniques drawn from the field of finance. The importance of financial management has increased greatly in recent years, paralleling the growth in competition within the financial services industry. This competitive environment reflects an increasing financial sophistication among insurance consumers, as well as the blurring of the lines that traditionally separated different types of financial institutions. To succeed in today's business environment, insurers must use financial techniques such as asset--liability management, financial hedging, futures, and options. They must also be increasingly precise in measuring the tradeoffs between risk and return in both their asset and product portfolios.
Item Description:Electronic resource.
Physical Description:1 online resource (xiii, 191 pages)
ISBN:9789401122085 (electronic bk.)
9401122083 (electronic bk.)
ISSN:0924-5014 ;