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The Value of Risk: Swiss Re and the History of Reinsurance by Peter Borscheid, Tobias Straumann, David Gugerli (Hardcover, 2013)

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This hardcover textbook titled "The Value of Risk: Swiss Re and the History of Reinsurance" is a fascinating read for those interested in the world of finance. Written by Peter Borscheid, Tobias Straumann, and David Gugerli, it explores the history of Swiss Re and the development of reinsurance. This book, published by Oxford University Press in 2013, is 464 pages long. No returns.

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This book explains how today's insurance industry developed and highlights the role of the reinsurance industry in spreading risks globally. Reinsurance is an invisible service industry which enables insurance companies to insure more risks and to make better use of their resources. Reinsurance comes to the fore when large disasters happen such as earthquakes or windstorms. The book examines the development of insurance markets and of the reinsurance industry in particular, and the history of Swiss Re, one of the leading reinsurance companies in the world.