{"product_id":"reinsurance-and-alternative-capital-grant-richman-9798264255670","title":"Reinsurance and Alternative Capital - Structures, Pricing, and ILS With Python: From Treaties to Cat Bonds and Sidecars","description":"\u003cp\u003e\u003cb\u003eThe complete actuarial toolkit for modern reinsurance and alternative capital-rigorous, practical, and code-first.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eThis hands-on, densely engineered resource takes you from first principles to production-grade pricing for treaties, retro, and ILS. Built for working actuaries, underwriters, catastrophe modelers, risk managers, and ILS investors, it turns complex structures into clear, executable frameworks you can run and audit.\u003c\/p\u003e\u003cp\u003eStructure you can rely on: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e33 tightly written chapters\u003c\/li\u003e\n\u003cli\u003eEach chapter: core theory → exam-style multiple-choice questions → fully runnable Python code demonstrations\u003c\/li\u003e\n\u003cli\u003eConsistent actuarial framing: expected loss, tail metrics (TVaR), capital consumption, cost of capital, and model risk\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWhat you'll be able to do: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003ePrice proportional and non-proportional treaties, including aggregate covers and reinstatements\u003c\/li\u003e\n\u003cli\u003eConvert catastrophe model output into AAL, OEP\/AEP curves, TVaR, and technical rates\u003c\/li\u003e\n\u003cli\u003eBuild a defensible view-of-risk by blending models and accounting for climate nonstationarity\u003c\/li\u003e\n\u003cli\u003eDesign and price ILWs, cat options, parametric triggers, and modeled\/indemnity\/industry cat bonds\u003c\/li\u003e\n\u003cli\u003eStructure and evaluate sidecars and fully collateralized reinsurance, including trapped collateral economics\u003c\/li\u003e\n\u003cli\u003eQuantify counterparty credit risk, collateral sufficiency, and wrong-way risk\u003c\/li\u003e\n\u003cli\u003eApply EVT and copulas for tail modeling, Panjer\/FFT and Monte Carlo for aggregates, and portfolio optimization with capital allocation\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eInside the code: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eFully commented Python demos for treaty rating, reinstatements, aggregate stop-loss, ILW and parametric triggers, cat bond expected loss\/multiples, sidecar cashflows, basis risk simulation, EVT\/copula fitting, Panjer\/FFT, and portfolio capital allocation\u003c\/li\u003e\n\u003cli\u003eBuilt on the standard scientific stack (NumPy, pandas, SciPy, statsmodels, and efficient simulation techniques) to go from indication to production-quality prototypes\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWho it's for: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003ePricing and capital actuaries, catastrophe modelers, and risk managers\u003c\/li\u003e\n\u003cli\u003eReinsurance underwriters and brokers seeking quantitative, defensible indications\u003c\/li\u003e\n\u003cli\u003eILS portfolio managers and analysts optimizing spreads, liquidity, and correlation\u003c\/li\u003e\n\u003cli\u003eAdvanced students and faculty adopting a code-first actuarial curriculum\u003c\/li\u003e\n\u003c\/ul\u003eLevel up your reinsurance and ILS decisions with a resource that doesn't just explain- it computes. Add this to your desk and your toolkit now.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Grant Richman\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798264255670\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/08\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 334\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.71lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.50w x 0.70d","brand":"Grant Richman","offers":[{"title":"Paperback","offer_id":48447051235583,"sku":"9798264255670","price":49.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_4e6755dc-143f-4137-9454-47b0cab1c834.jpg?v=1777228484","url":"https:\/\/www.whiterainbookhouse.com\/products\/reinsurance-and-alternative-capital-grant-richman-9798264255670","provider":"WR Book House","version":"1.0","type":"link"}