New Book from IRMI Provides Practical Grounding in Reinsurance

Release Date: September 29, 2011
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DALLAS—International Risk Management Institute, Inc. (IRMI), is pleased to announce publication of a new book, Fundamentals of Reinsurance and Reinsurance Markets. Written for those new to reinsurance purchasing, underwriting, or sales, as well as insurance and financial executives who work with reinsurance only peripherally, this timely work provides a real-world introduction to this highly specialized field.

Fundamentals of Reinsurance and Reinsurance Markets addresses some of the key and unique aspects of reinsurance and also provides an overview of its history and future. Using examples, easy-to-understand illustrations, and handy checklists, it summarizes the basics and provides an overview of specific aspects such as claims, accounting, and captives.

Steven M. McElhiney and Teresa Huddleston coauthor Fundamentals of Reinsurance and Reinsurance Markets. Mr. McElhiney’s insurance industry experience spans over 2 decades, including executive positions with major insurance and reinsurance companies as well as industry associations, giving him a multidimensional understanding of insurance and reinsurance. He is the 2011–2012 president of the CPCU Society. Ms. Huddleston, his coauthor, contributes her legal and corporate background to this practical introduction to the complex topic of reinsurance.

“While there are treatises on the topic, there are no other books designed to give a practical grounding in reinsurance to risk and financial professionals who want to understand the concepts without becoming experts, ” said Jack P. Gibson, IRMI president & CEO. “This book very competently fills this void, providing a great starting point for anyone who wants to understand reinsurance basics.”

Fundamentals of Reinsurance and Reinsurance Markets is now available in print format (for $54) and on IRMI Online ($27 for individuals or $54 for small businesses). For more information about this book, please visit www.IRMI.com/Go/ReBook or call 1–800–827–4242.