Business knowledge for IT in hedge funds : a complete handbook for IT professionals / Essvale Corporation Limited.

Format:

Book

Series:

Professional series.

Professional series

Language:

English

Subjects (All):

Hedge funds.

Hedge funds--Data processing.

Stockbrokers.

Investment banking--Information technology.

Investment banking.

Investment banking--Data processing.

Physical Description:

1 online resource (247 p.)

Edition:

1st ed.

Place of Publication:

London : Essvale Corporation Limited, c2009.

Language Note:

English

Summary:

"Business Knowledge for IT in Insurance deals with the alignment of IT and business in Insurance industry as well as the Reinsurance industry. The idea behind this publication is to introduce IT professionals to the concepts of the Insurance and Reinsura"

Contents:

""Preface""; ""Acknowledgements""; ""Contents""; ""Introduction""; ""Overview of Insurance ""; ""Introduction""; ""Definition of Insurance ""; ""Definition of Indemnity""; ""Different Variations of Premiums ""; ""History of Insurance""; ""Insurance Classifications ""; ""The Global Insurance Market""; ""The World�s Largest Insurance Companies ""; ""Types of Insurance Products""; ""Introduction ""; ""Life Insurance""; ""Non-life Insurance""; ""Market Segmentation""; ""Distribution Channels""; ""Overview of Reinsurance""; ""Introduction ""; ""Brokers vs Direct Writers ""

""Definition of Reinsurance""""Functions of Reinsurance""; ""Providers of Reinsurance""; ""Purchasers of Reinsurance""; ""Nature of Reinsurance Contracts""; ""Types/Forms of Reinsurance""; ""Benefits of Reinsurance""; ""The Business Environment ""; ""Introduction""; ""Environmental Factors Affecting the Insurance Industry""; ""Competitive Landscape""; ""Profile of Major Insurers around the World""; ""Rating Agencies""; ""Insurer Financial Strength Ratings""; ""Trends in Insurance""; ""Introduction""; ""The Introduction of Solvency II""; ""Introduction of MiFID""

""Enforcement of AML/KYC in Insurance""""Introduction of Islamic Insurance""; ""Popularity of Bancassurance""; ""Growth of the Insurance Securitisation Market""; ""Rise of Sovereign Wealth Funds (SWFs)""; ""Insurers Targeting the High Net Worth Market Segment""; ""Business Processes in Insurance""; ""Introduction""; ""Role of Capital and Surplus""; ""Underwriting""; ""The Application Process""; ""Claims Administration""; ""Pricing and Product Development""; ""Brokerage""; ""Risk and Insurance""; ""Introduction""; ""Definition of Risk in Insurance""; ""The Workings of Insurance""

""Risk Classification""""Insurance from a Risk Perspective""; ""Theoretical Underpinnings of Risk in Insurance""; ""Features of Insurable Risk""; ""Limits on Policy Benefits""; ""The Role of the Actuary""; ""Risk Management in Reinsurance""; ""Common Systems used in Insurance""; ""Introduction""; ""History of the IT Function in Insurance""; ""Legacy Systems in Insurance""; ""Profile of a System""; ""Other Systems""; ""IT Projects""; ""Introduction""; ""Green IT""; ""Implementation of Thin-Client Computing""; ""Virtualisation""; ""Selection of the Right Virtualisation Technology""

""Conclusion""""Methodology, Skills and Tools""; ""Introduction""; ""Overview of Mainframe Technologies""; ""Methodologies""; ""Business and Systems Analysis Methods""; ""Testing Methods""; ""Tools""; ""Common IT Skills Required""; ""Soft Skills""; ""Commonly Used Terminology""; ""Introduction""; ""List of Terms""; ""The Future""; ""The Future: What does it hold for IT and Business in Insurance?""; ""Future Insurance Demand and Supply Trends""; ""Continued Financial Services Integration""; ""SWFs Investing in Insurance Firms""; ""Increasing Role of Technology in Insurance""

""Emerging Insurance Centres - Spotlight on Bahrain""

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-282-07712-0

9786612077128

1-906096-81-3

OCLC:

923762441