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| Financial Management of Life Insurance Companies (Huebner International Series on Risk, Insurance and Economic Security) |  | Creators: J. David Cummins, Joan Lamm-Tennant Publisher: Springer Category: Book
List Price: $159.00 Buy New: $132.89 as of 9/9/2010 00:41 CDT details You Save: $26.11 (16%)
New (8) Used (9) from $25.11
Seller: allnewbooks Sales Rank: 3,068,104
Media: Hardcover Edition: 1 Pages: 212 Number Of Items: 1 Shipping Weight (lbs): 1.1 Dimensions (in): 9.6 x 6.4 x 0.7
ISBN: 0792393546 Dewey Decimal Number: 368.3200681 EAN: 9780792393542 ASIN: 0792393546
Publication Date: June 30, 1993 Availability: Usually ships in 1-2 business days
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Product Description 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.
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