ART for the masses

Alternative Risk Strategies edited by Morton Lane Risk Books 650 pages, £85/$128 ISBN 1-899-332-634

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This impressive book offers broad and detailed coverage of alternative risk transfer (ART). In fact, it covers more than ART, a term often used only for insurance risk-linked securities or to describe alternative financing techniques to reinsurance used by insurance companies.

The book brings together contributions from leading practitioners and academics in the area of ART and securitisation. The quality is high and the style of writing across the contributors is consistent. Many edited

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