Life Settlements and Longevity Structures

A complete guide to longevity finance As the Baby Boomer population continues to age and the need for the securitization of life insurance policies increases, more financial institutions are looking towards longevity trading as a solution. Consequently, there is now a need for innovative financial products and strategies that have the ability to hedge longevity exposure for pension funds, reinsurance companies, and governments. These products and strategies are currently being developed with the use of life settlements. Here, author Vishaal Bhuyan provides a complete guide to this burgeoning sector. In Life Markets, Bhuyan and a team of expert contributors from leading firms offer an extensive look at how to trade life settlements. Provides practical guidance to the growing field of longevity finance Outlines the innovative financial products that are populating this field Highlights a safe haven for investors seeking returns in troubled times Covering everything from the history of life settlements to making a transaction-pricing, service providers, exchanges, and more-this book contains extensive coverage of the many issues surrounding longevity finance.

Design and Analysis of Composite Structures enables graduate students and engineers to generate meaningful and robust designs of complex composite structures. Combining analysis and design methods for structural components, the book begins with simple topics such as skins and stiffeners and progresses through to entire components of fuselages and wings. Starting with basic mathematical derivation followed by simplifications used in real-world design, Design and Analysis of Composite Structures presents the level of accuracy and range of applicability of each method. Examples taken from actual applications are worked out in detail to show how the concepts are applied, solving the same design problem with different methods based on different drivers (e.g. cost or weight) to show how the final configuration changes as the requirements and approach change. Provides a toolkit of analysis and design methods to most situations encountered in practice, as well as analytical frameworks and the means to solving them for tackling less frequent problems. Presents solutions applicable to optimization schemes without having to run finite element models at each iteration, speeding up the design process and allowing examination of several more alternatives than traditional approaches. Includes guidelines showing how decisions based on manufacturing considerations affect weight and how weight optimization may adversely affect the cost. Accompanied by a website at www.wiley.com/go/kassapoglou hosting lecture slides and solutions to the exercises for instructors.

A practical guide to the features and investment characteristics of CDOs In the bond area, collateralized debt obligations, which include collateralized bond obligations and collateralized loan obligations, are the fastest-growing sector. Collateralized Debt Obligations: Structures and Analysis describes the various products in this area-cash flow CDOs, market value CDOs, synthetic CDOs, etc.-and explains how to evaluate them. With this book as their guide, investment managers and institutional investors alike will learn how to analyze the risks associated with CDOs, create a portfolio of CDO products, and assess trading opportunities in the secondary market.

This book is the second in a series of volumes that combine conservation philosophy in the built environment with knowledge of traditional materials, and structural and constructional conservation techniques and technology: Understanding Historic Building Conservation Structures & Construction in Historic Building Conservation Materials & Skills for Historic Building Conservation The series aims to introduce each aspect of conservation and to provide concise, basic and up-to-date knowledge for architects, surveyors and engineers as well as for commissioning client bodies, managers and advisors. In each book, Michael Forsyth draws together chapters by leading architects, structural engineers and related professionals to reflect the interdisciplinary nature of conservation work. The books are structured to be of direct practical application, taking the reader through the process of historic building conservation and emphasising throughout the integrative teamwork involved. This present volume – Structures & Construction in Historic Building Conservation – traces the history of structures in various materials and contains guidance on the survey, assessment and diagnosis of structures and the integration of building code requirements within the historic fabric. It discusses conservation engineering philosophy, exposes the conflict between building codes and conservation legislation, and offers solutions. Leading-edge, on-site metric survey techniques are described and a range of structural advice is given, including methods of repair in relation to philosophical principles. Causes of induced movement in historic buildings are explained, together with basic soil mechanics and the assessment and diagnosis of structural failure. Chapters also cover the conservation of different types of construction: masonry, iron and steel, and concrete and reinforced concrete. Fourteen chapters written by the experts present today's key issues in structures and construction for historic building conservation: Bill Blake, Michael Bussell, David Cook, Dina F. D'Ayala, Steve Emery, Michael Forsyth, Ian Hume, Peter Norris

A new edition of Francis D.K. Ching's illustrated guide to structural design Structures are an essential element of the building process, yet one of the most difficult concepts for architects to grasp. While structural engineers do the detailed consulting work for a project, architects should have enough knowledge of structural theory and analysis to design a building. Building Structures Illustrated takes a new approach to structural design, showing how structural systems of a building—such as an integrated assembly of elements with pattern, proportions, and scale—are related to the fundamental aspects of architectural design. The book features a one-stop guide to structural design in practice, a thorough treatment of structural design as part of the entire building process, and an overview of the historical development of architectural materails and structure. Illustrated throughout with Ching's signature line drawings, this new Second Edition is an ideal guide to structures for designers, builders, and students. Updated to include new information on building code compliance, additional learning resources, and a new glossary of terms Offers thorough coverage of formal and spatial composition, program fit, coordination with other building systems, code compliance, and much more Beautifully illustrated by the renowned Francis D.K. Ching Building Structures Illustrated, Second Edition is the ideal resource for students and professionals who want to make informed decisions on architectural design.

This volume addresses the specific subject of fatigue, a subject not familiar to many engineers, but still relevant for proper and good design of numerous steel structures. It explains all issues related to the subject: Basis of fatigue design, reliability and various verification formats, determination of stresses and stress ranges, fatigue strength, application range and limitations. It contains detailed examples of applications of the concepts, computation methods and verifications.

Investment funds are the driving force behind much global private economic development, and yet the world of investment funds can be complex and confusing. Funds: Private Equity, Hedge and All Core Structures is a practical introductory guide to the legal and commercial context in which funds are raised and invest their money, with examinations of the tax and regulatory background, and an analysis of the key themes and trends that the funds industry face following the financial crisis. The book looks at asset classes, investor return models, the commercial and legal pressures driving different structures and key global jurisdictions for both fund establishment and making investments. It also contains a comprehensive analysis of fund managers, from remuneration, best practice through to regulation. The book is written for readers from all backgrounds, from students or newcomers to the industry to experienced investors looking to branch out into alternative asset classes, or existing asset managers and their advisers wanting to know more about the structures elsewhere within the industry.

This volume addresses the specific subject of fatigue, a subject not familiar to many engineers, but still relevant for proper and good design of numerous steel structures. It explains all issues related to the subject: Basis of fatigue design, reliability and various verification formats, determination of stresses and stress ranges, fatigue strength, application range and limitations. It contains detailed examples of applications of the concepts, computation methods and verifications.

This book details the basic concepts and the design rules included in Eurocode 3 Design of steel structures: Part 1-8 Design of joints Joints in composite construction are also addressed through references to Eurocode 4 Design of composite steel and concrete structures Part 1-1: General rules and rules for buildings. Attention has to be duly paid to the joints when designing a steel or composite structure, in terms of the global safety of the construction, and also in terms of the overall cost, including fabrication, transportation and erection. Therefore, in this book, the design of the joints themselves is widely detailed, and aspects of selection of joint configuration and integration of the joints into the analysis and the design process of the whole construction are also fully covered. Connections using mechanical fasteners, welded connections, simple joints, moment-resisting joints and lattice girder joints are considered. Various joint configurations are treated, including beam-to-column, beam-to-beam, column bases, and beam and column splice configurations, under different loading situations (axial forces, shear forces, bending moments and their combinations). The book also briefly summarises the available knowledge relating to the application of the Eurocode rules to joints under fire, fatigue, earthquake, etc., and also to joints in a structure subjected to exceptional loadings, where the risk of progressive collapse has to be mitigated. Finally, there are some worked examples, plus references to already published examples and to design tools, which will provide practical help to practitioners.

Built upon the two original books by Mike Crisfield and their own lecture notes, renowned scientist Ren? de Borst and his team offer a thoroughly updated yet condensed edition that retains and builds upon the excellent reputation and appeal amongst students and engineers alike for which Crisfield's first edition is acclaimed. Together with numerous additions and updates, the new authors have retained the core content of the original publication, while bringing an improved focus on new developments and ideas. This edition offers the latest insights in non-linear finite element technology, including non-linear solution strategies, computational plasticity, damage mechanics, time-dependent effects, hyperelasticity and large-strain elasto-plasticity. The authors' integrated and consistent style and unrivalled engineering approach assures this book's unique position within the computational mechanics literature. Key features: Combines the two previous volumes into one heavily revised text with obsolete material removed, an improved layout and updated references and notations Extensive new material on more recent developments in computational mechanics Easily readable, engineering oriented, with no more details in the main text than necessary to understand the concepts. Pseudo-code throughout makes the link between theory and algorithms, and the actual implementation. Accompanied by a website (www.wiley.com/go/deborst) with a Python code, based on the pseudo-code within the book and suitable for solving small-size problems. Non-linear Finite Element Analysis of Solids and Structures, 2nd Edition is an essential reference for practising engineers and researchers that can also be used as a text for undergraduate and graduate students within computational mechanics.