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Section: ArticlesTitle: Securitization of life insurance assets and liabilities / Alex Cowley, J. David CumminsAuthor: Cowley, AlexNotes: Securitization is one of the most important innovations of modern finance. The objetive of this article is to analyze securitization in the insurance industry with an emphasis on the lessons to be learned from prior securitizations as well as techniques that can be employed to mitigate the remaining impediments to the more widespread securitization of insurance risk. This article focuses on life insurance and annuity securitizations. The article begins with an overview and analysis of asset bocked securities. This is followed by a discussion of securitization as a potential source of value creation in the insurance industry. The principal life insurance and annuity securitizations that have been conducted in recent years are them analyzed, followed by a discussion of possible approaches to overcoming impediments to securitizationRelated records: En: The Journal of risk and insurance. - Orlando. - Volume 72, number 2, June 2005 ; p. 193-226Materia / lugar / evento: Seguro de vidaAnálisis económicoMercados financierosGerencia de riesgosMercado de segurosOtros autores: Cummins, David J. Secondary titles: Título: The Journal of risk and insurance Other categories: 341Rights: In Copyright (InC) See issue detail