Financial Management of Life Insurance Companies: 17 (Huebner International Series on Risk, Insurance and Economic Security, 17) - Hardcover

Hardcover

ISBN 10: 0792393546 ISBN 13: 9780792393542

Publisher: Springer, 1993

Synopsis

th This book is published to commemorate the 50 Anniversary of the S.S. Huebner Foundation for Insurance Education. Administered at the Wharton School of the University of Pennsylvania, the Huebner Foundation was established in 1941 to strengthen insurance education at the collegiate level by increasing the number of professors specializing in insurance and enriching the literature in the field. The financial support of leading life insurance companies has enabled the Foundation to provide post-graduate education for prospective insurance teachers and scholars. Through its fellowship program, the Foundation supports students in the Ph.D. program in Risk and Insurance at the Wharton School. The success of the Foundation is measured by the accomplishments of its alumni. Former Huebner Fellows play leading roles in every major area of insurance education. Fellows teach insurance to tens of thousands of undergraduate and MBA students each year and have written hundreds of books and thousands of articles on insurance. Fellows hold leadership positions at the American College, the Life Office Management Association, and the Certified Employee Benefit Specialist Program. The Foundation was created in honor of Dr. Solomon S. Huebner, a pioneer in insurance education. Dr. Huebner taught the first organized course on the economics of insurance ever offered at the collegiate level in 1904. An internationally recognized author and teacher, Dr. Huebner had a profound impact on both insurance education and the insurance industry. He served on the faculty of the Wharton School for more than nearly fifty years.

About this title

Synopsis

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, parallelling 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 trade-offs between risk and return in both their asset and product portfolios.

Edition details

• Publisher: Springer
• Publication date: 1993
• Language: English
• ISBN 10: 0792393546
• ISBN 13: 9780792393542
• Binding: Hardcover
• Number of pages: 204
• Editor: Cummins J. David, Lamm-Tennant Joan