CAS Online Course Financial Risk Management: Securitization
November 4 – 20, 2005   Rick W. Gorvett, FCAS, MAAA, ARM, Ph.D. Actuarial Science Professor Departments of Mathematics and Finance University of Illinois at Urbana-Champaign

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List of Selected Readings

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This online course is delivered via the Internet and taught asynchronously to allow participants to fit the work into their individual schedules. The course consists of the following:

• Six Lectures (PowerPoint slides with audio voice-overs)
  1. Introduction to Securitization: Overview, Concepts, and Issues
  2. Financial (Non-Insurance) Securitization
  3. Insurance Securitization: Evolution and Derivative Products
  4. Insurance Securitization: Catastrophe Bonds
  5. Insurance Securitization: Catastrophe Equity Puts and Other Techniques
  6. The Future of Insurance Securitization
• Selected Readings
• Periodic Problems and Questions (facilitated by the Online Course Discussion Forum)
• Final exam

Prior participation in other online courses will be helpful, but not essential for this course. This course will assume that participants have a general knowledge of the basics of finance, as covered in Part 5B (pre Y2K syllabus) or Part 2 (more recently) of the CAS exams or at the Limited Attendance Finance Seminars.
Enrollment is limited to a maximum of 40 participants.

Cancellation Date:
All cancellations must be received at the CAS by October 28, 2005 and are subject to a $50 processing fee.