Modern ART Practice

Description:

As businesses want to achieve financial efficiencies, risk management is moving up the agenda. Insurers and corporations today often want more than simple risk transfer- they want a combination of financial engineering and risk transfer. Corporations want to meet market expectations, whilst reducing their risk financing and capital financing costs.

Alternative risk transfer (ART) is an essential risk management tool for primary insurers, reinsurers and non-insurance corporations, yet confusion remains about what ART constitutes. ART productions have gained wide acceptance in the world of risk transfer with risk takers and risk carriers using ART techniques to improve their financial efficiency.