Michael H. Hyman - New Ways for Managing Global Financial Risks. The Next Generation

Looks at the present state-of-the-art in global financial risk management, and then at the innovations and solutions that are being developed to solve the problems with current methodologies. The author presents a closely reasoned explanation of why the traditional quantitative methods are no longer adequate and argues the case for the hybrid instrument that will arise from the merging of the capital and insurance markets. New Ways for Managing Global Financial Risks will allow readers to think differently about how global financial risk is managed, and how to simplify the process.