Intro. The Convergence of the insurance and capital markets / Richard L. Sandor -- Part I. The new risk transfer (and investment portfolio) tools. Ch. 1. Rethinking risk, across national boundaries / Donna Hill -- Ch. 2. Exchange-traded insurance derivative / Sylvie Bouriaux, Michael Himick -- Ch. 3. Second-generation OTC derivatives and structured products / Richard H. Bernero -- Ch. 4. Legal and regulatory issues affecting insurance derivatives and securitizaton / Michael P. Goldman ... [et al.] -- Part II. The (old and new) market players. Ch. 5. Insurance firms' new edge, capital market ventures / Bernard L. hengesbaugh -- Ch. 6. Catastrophe risk as an alternative investment / Adam Parkin -- Ch. 7. Reinsurance brokers redefined / Frank Majors, Greg Hagood -- Ch. 8. The role of computer modeling in insurance risk securitization / Tom Hutton -- Ch. 9. Insurance risk securitization, model robustness, and the convergence of event and credit risk / David K.A. Mordecai.