Table 3 VaR, CVaR and DCVaR of different... | Emerald Publishing

Table 3

VaR, CVaR and DCVaR of different types of financial institutions (in %)

Year	Bank			Security			Insurance			Others
Year	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR
2012	1.90	2.72	92.63	3.93	3.09	137.99	3.44	3.06	127.49	4.12	2.84	87.71
2013	2.76	3.16	136.08	3.99	3.12	141.10	3.53	3.09	130.99	4.28	2.90	93.24
2014	2.33	2.93	113.78	3.70	2.99	127.80	3.21	2.95	116.90	3.83	2.78	81.98
2015	4.00	3.80	200.72	6.19	3.93	222.06	5.24	3.77	198.97	5.36	3.13	116.87
2016	1.91	2.73	93.17	3.99	3.10	139.05	3.09	2.88	109.98	4.36	2.89	92.42
2017	1.73	2.64	84.51	2.72	2.61	90.15	3.14	2.90	111.76	3.42	2.69	72.58
2018	2.24	2.91	111.06	3.23	2.81	110.00	3.46	3.09	130.60	3.61	2.72	75.28

Year	Bank			Security			Insurance			Others
Year	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR	VaR	CoVaR	$Δ$ CoVaR
2012	1.90	2.72	92.63	3.93	3.09	137.99	3.44	3.06	127.49	4.12	2.84	87.71
2013	2.76	3.16	136.08	3.99	3.12	141.10	3.53	3.09	130.99	4.28	2.90	93.24
2014	2.33	2.93	113.78	3.70	2.99	127.80	3.21	2.95	116.90	3.83	2.78	81.98
2015	4.00	3.80	200.72	6.19	3.93	222.06	5.24	3.77	198.97	5.36	3.13	116.87
2016	1.91	2.73	93.17	3.99	3.10	139.05	3.09	2.88	109.98	4.36	2.89	92.42
2017	1.73	2.64	84.51	2.72	2.61	90.15	3.14	2.90	111.76	3.42	2.69	72.58
2018	2.24	2.91	111.06	3.23	2.81	110.00	3.46	3.09	130.60	3.61	2.72	75.28

Note(s): Absolute values are used for VaR and CVaR