Insuring against disasters - electronic finance
Disaster insurers: Laurie Taylor discusses a global study of the re-insurers who pay out after 'Acts of God' such as Hurricane Katrina. Also, amateur traders.
Disaster insurers: Laurie Taylor talks to Rebecca Bednarek, Senior Lecturer in Management at Birkbeck, University of London, about a study into a global re-insurance market in which 'Acts of God' provide formidable opportunities for financial markets. Also, amateur traders: why do they risk so much for so little? Alex Preda, Professor of Accounting, Accountability and Financial Management at King's College, London, explores how ordinary people take up financial trading in a world far removed from the glamour and wealth of investment bankers. They're joined by Dan Barnes, the business journalist.
Producer: Jayne Egerton.
Jarzabkowski, P., Bednarek, R. & Spee, P. (2015), Making a market for Acts of God: Risk-trading in the Global Reinsurance Sector (Oxford University Press)
Preda, A. (2017), Noise: Living and Trading in Electronic Finance (The University of Chicago Press)