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Insurance is an industry which thrives on order. Surprises are never welcome and when they do come, as was the occurrence throughout the 1980s, the industry is sometimes slow to react and adapt. As we approach the 21st century, however, insurance company managers, independent consultants and industry regulators are awakening to the growing need for all members of the insurance industry to act in concert for the further advancement of their companies' fortunes.
The Strategic Dynamics of the Insurance Industry assembles the articles and essays of a wide-ranging group of insurance professionals, all with the purpose of explaining prevalent asset/liability management theories, findings and practices.
Discussed in these twenty-plus articles are competition and performance issues, ideas for hedging catastrophe risk with derivatives, new applications in modeling technology and a host of other well-researched, fully documented informational papers. To understand the state of asset/liability management in the last years of this century and beyond, listen to the industry leaders and take advantage of the wealth of information contained in The Strategic Dynamics of the Insurance Industry.

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