Book Launch: Making a Market for Acts of God, June 9th Cass Business School

April 23, 2015

From Paula Jarzabkowski

You are invited to:  Reinsurance markets and the future of trading large-scale risk

Tuesday 9th June 2015, 6-7.30 pm 

Cass Business School, 106 Bunhill Row

The global market for large-scale risks has never been more important, as climate change exacerbates natural disasters and concerns arise over new threats such as cyber-risk.

Join us for a drinks and canapé reception as we launch our Oxford University Press book: Making a Market for Acts of God: The practice of risk-trading in the global reinsurance industry (authored by Paula Jarzabkowski, Rebecca Bednarek and Paul Spee)

The event will present the findings about the practice of trading risk in the global reinsurance industry and will also feature an expert panel debating  the implications for the future of trading in large-scale risk and reflect on the lessons we can learn from other markets.

To register and learn more about this event click: http://www.city.ac.uk/events/2015/june/reinsurance-markets-and-the-future-of-trading-large-scale-risk

  • Speaker: Paula Jarzabkowski, Professor of Strategic Management at Cass Business School, City University London

Expert industry and academic panel:

  • Tom Bolt, Executive Team member and Director of Performance Management at Lloyd’s of London
  • Clem Booth, (re)insurance industry veteran, formerly executive board member of Allianz SE and CEO of Aon Benfield Global Inc and many other executive positions in the industry.
  •  Michael Power, Professor of Accounting, and former Director of the Centre for the Analysis of Risk and Regulation at LSE

Event information

Date: 9th June, 2015 6pm-7.30pm

Location: Room LG001, Cass Business School, 106 Bunhill Row, London, EC1Y 8TZ

About Making a Market for Acts of God:

We thought that the risk society would cause humanity to ponder the sustainability of the conditions of its existence. The book shows, however, that the risk society is also, above all, a formidable opportunity for financial markets. By analysing how reinsurers turn natural disasters unpredictable and theoretically incalculable Acts of God into tradable objects, the authors provide a major contribution to understanding the marketization of our societies and its implications. Michel Callon, Professeur à l’Ecole des mines de Paris, CSI. Ecole des mines de Paris.


This astonishingly thorough global ethnography, involving fieldwork in seventeen countries and over four hundred interviews, paints a fascinating picture of the practices of a unique, and hugely important industry. Donald MacKenzie Professor of Sociology, University of Edinburgh.

From London to Honk Kong and Monaco to Australia, the authors cast an ethnographers eye on the practice of reinsurance, extending the strategy as practice paradigm into the terrain of insurance and finance. In doing so, Making a Market for Acts of God provides a unique material portrait of how markets and organizations deal with risk at a global scale, offering a new and important contribution to the social studies of finance. Daniel Beunza, Assistant Professor of Management, London School of Economics.

For further endorsements, see:  http://ukcatalogue.oup.com/product/9780199664764.do

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