Sylvie Bouriaux, Ph.D.

Biography:

Dr. Sylvie Bouriaux, PhDMs. Bouriaux is an Associate Professor of Finance at Illinois State University, in the Finance, Insurance and Law Department. Her research and teaching focus is in the areas of derivative securities and securitization of insurance risk.

Prior to her position at ISU, Ms. Bouriaux was with the Chicago Board of Trade (CBOT) for ten years where her last position was Director of Strategy. She also directed Research and Product Development efforts in the financial products area at the CBOT. During her tenure as Group Manager of Research and Product development, she focused on the development of new products in fixed-income and equities as well as in alternative investments (insurance and credit derivatives).

Ms. Bouriaux holds an M.A. in Economics from the University of Chicago and a Doctorate in Economics from the University of Paris-Assas, France. She has published numerous articles and papers, notably related to insurance securitization issues. Her current research focuses on the use of derivatives by U.S. based fixed-income mutual funds.

Contact Information:

Sylvie Bouriaux
Office:  COB 347
Phone:  (309) 438-2066
E-mail:  sbouria@ilstu.edu

Research:

Refereed Publications
    Bouriaux, Sylvie and Richard MacMinn, 2009; “Securitization of Catastrophe Risks: New Developments in Insurance-Linked Securities and Derivatives”, Journal of Insurance Issues, Vol. 32, No 1. (Forthcoming)

    Bouriaux, Sylvie and Michael J. Tomas, 2009: “Use of Interest Rate Derivatives by U.S. Based Domestic and Global Mutual Funds”, Journal of Management Research, Vol.1, No 2.

    Bouriaux, Sylvie and William L. Scott, 2004: “Capital Market Solutions to Terrorism Risk Coverage: A feasibility Study”, Journal of Risk Finance, Vol. 5, No4.

    Bouriaux, Sylvie and David T. Russell, 2002: “Loss Ratio on Insurance Equity Securities: A New Step in Insurance Securitization”, Journal of Risk Finance, Vol. 3, No 4 (2002), pp 73-82

    Bouriaux Sylvie. 2001. “Basis Risk, Credit Risk and Collateralization Issues for Insurance-Linked Derivatives and Securities” Journal of Insurance Regulation, fall Volume 20, Issue No 1

Other Publications
    Bouriaux Sylvie. 2005: “Public/Private Initiatives to Finance Terrorism Risk” in “Community Preparedness and response to Terrorism” edited by Nejdet Delener, Preager Publishing.

    Bouriaux, Sylvie and William L. Scott. 2003. “Terrorism Risk and Capital Markets: A Comprehensive Analysis”. Financing Risk and Reinsurance, October 2003 Dallas, TX: International Risk Management Institute Inc.

    Bouriaux, Sylvie and David T. Russell. 2001. “Company-specific Loss ratio Securities: The “Holy Grail” in Insurance Securitization?” Financing Risk and Reinsurance (October): 3-6. Dallas, TX: International Risk Management Institute Inc.

    Bouriaux, Sylvie.2000. “Are Insurance-Linked derivatives True Risk Transfer Instruments?” Financing Risk and Reinsurance (September): 3-10. Dallas: International Risk Management Institute, Inc.

    Bouriaux, Sylvie and Michael Himick, 1998. “Securitized Insurance Risk: Strategic Opportunities for Insurers and Investors”. Glenlake Publishing, Chicago

    Bouriaux, Sylvie, Robert B. Gallaway, and Richard L. Sandor, 1998. “The Insurance Derivatives Market and Securitization”, Alternative Investment Strategies, Euromoney Publications PLC: Chapter 15

    The Insurance Derivatives Market and Securitization (Alternative Investment Strategies, Chapter 15) Co-written with Richard L. Sandor and Robert B. Gallaway Euromoney Books, 1998

    CBOT Brady Bond Futures and Options Financial Futures Professional, March-April 1996

    An Asian Approach to the Valuation of Insurance Futures contracts: A Commentary The Review of Futures Markets, 1994.

    Enhancing Returns With Municipal Futures and Other Arbitrage Situations The New Municipal Bond Market, Probus Publishing, 1994.