... on the emerging cyber insurance market that is currently in the process of standardizing and improving its risk analysis concerning the potential insured entity. Design/methodology/approach The authors' approach involves a quantitative analysis utilizing a Likert-style questionnaire designed to survey cyber...

... the dependent structure between the CRR and CFR changes using the change point test method. Findings The empirical results indicate that there is no change point here, suggesting that the results on the dependent structure and risk analysis mentioned above are stable. Therefore, major financial events...

... increase in computation time relative to SA‐1 (3.9×) and a much reduced computation time relative to SA‐2 (0.008×). © Emerald Group Publishing Limited 2013 Insurance Genetic algorithms Risk analysis Portfolio optimization Catastrophe risk allocation Steepest ascent Primary...

... and _np_xⁱ, for i=longevity, mortality, respectively. The initial mortality rates forecasted using the Brouhns et al. (2002a) model are denoted by i=initial. Longevity risk Mortality risk Natural hedging Life insurance Risk management Risk...

.... have proposed it for verifying the goodness of mortality models and now, in this paper, this approach is considered for testing the ex post performance of SCR calculation methodology. Capital Finance Regulation Risk analysis Insurance companies Life insurance Solvency II Solvency...

... and σ=6 per cent. Each path represents an approximation of the expected construction cost. Nuclear energy industry Costs Risk analysis Risk finance Guarantee option Financing construction Government support Monte Carlo methods As the oil prices rise, investment in nuclear energy...

...°×2.5° cells. Figure 5 shows the 2.5°×2.5° grid including the origination points of all the landfalling and non‐landfalling hurricanes from 1940 to 2010. United States of America Hurricanes Risk analysis Modelling US landfall probability Atlantic hurricane origination Spatial analysis Long...

.... © Emerald Group Publishing Limited 2012 United States of America Hurricanes Insurance companies Risk analysis Catastrophe modeling Average annual loss Return period Bootstrap method Insured loss T‐test analysis Landfalling hurricanes generate enormous financial losses...

... of rainfall in the growing season. © Emerald Group Publishing Limited 2012 Rainfall Precipitation Derivative markets Hedging Risk analysis Daily simulation Nearly, the entire industrialized world is in some way affected by variations in weather patterns. However, local weather...

... if they were to implement such a strategy. National economy Hedging Long‐term planning Risk analysis Demographics Countries at different stages of economic development face different long‐term challenges. On the one hand, take a country such as Switzerland, which faces the challenge of being...

... if α≤2, and infinite mean if and only if α≤1. To make the implications of Knightian uncertainty especially poignant, we will assume further that: Risk analysis Uncertainty management Bayesian statistical decision theory In his influential 1921 treatise, Risk, Uncertainty...

.... The importance of this approach is underlined by recent failures to anticipate market fluctuations and their implications. Mark A. Burgman can be contacted at: markab@unimrl.edu.au © Emerald Group Publishing Limited 2010 Risk analysis Gearing Investments Uncertainty management In times...

... Q_w^* is the optimal strike level. Charles C. Yang can be contacted at: cyang1@fau.edu © Emerald Group Publishing Limited 2009 Derivative markets Hedging Risk analysis Energy industry United States of America Weather derivatives emerged following the deregulation...

... Group Publishing Limited 2009 Futures markets Emerging markets Foreign exchange Risk analysis Turkey In a simple context, the future price of a financial instrument is calculated by adding the cost of carry to its spot price. Early research on the relationship between spot...

... seven VaR estimation models: Alex Yi‐Hou Huang can be contacted at: huang@saturn.yzu.edu.tw © Emerald Group Publishing Limited 2009 Value analysis Risk analysis Equity capital Emerging markets Value at risk (VaR) has become a major tool of risk management in recent years. Since...

... Financial institutions Financial analysis Brazil Argentina Risk analysis In the wake of the sub‐prime mortgage crisis, rating agencies are once again in the eye of the maelstrom. The rationale of such agencies has come under increasing scrutiny, in view of their laggardly response and failure...

... Financial modelling Investments Risk analysis Principal‐protected notes can protect investors' profits in recession, and become a popular instrument in financial markets. Their value can be linked to stock prices, interest rates, exchange rates and commodities. Stock‐linked and principal‐protected...

... and their applications in liquidity risk analysis. From now on, the VaR and CVaR in the paper refer to these approximate VaR and CVaR, computed from (5). We can solve problem (5) explicitly due to its special structure, and consequently we can get VaR_α and CVaR_α explicitly...

... analysis. Originality/value The paper discusses a new method for performance measurement and risk analysis. Financial statements supposedly depict the current condition of a company completely and accurately (McEnroe and Martens, 2004 ; Haskins and Sack, 2006). Aside unwittingly made mistakes...

... environment cannot be influenced by the organization itself. Risk management Capital Risk analysis Banks Economic capital is a topic of recent interest in the financial industry. Often, business risk is one of the components of an economic‐capital allocation scheme. Cumming and Hirtle (2001...