As life expectancy increases, pension plans face growing longevity risk. Standardized longevity-linked securities such … as survivor contracts allow pension plans to transfer this risk to capital markets. However, more consensus is needed on … mortality model and premium principle choice on the pricing, risk measurement, and modeling of survivor contracts. We present a …

obligations to policyholders and beneficiaries. The solvency capital requirement is a risk management tool essential for … level of risk. Our starting point is to use a hierarchical risk aggregation method which was initially based on two … reinsurance in reducing the insurance company's business risk and its effect on diversification. The results show that reinsurance …

As the complexity of banking technology systems increases, the prevention of technological risk becomes an endless … for technological risk management, which does not effectively reduce the frequency of technology-related incidents …. Through an analysis of mainstream risk management models, this study proposes a technology-based risk assessment system based …

The combination of stochastic derivative pricing models and downside risk measures often leads to the paradox (risk … expected returns and very negative downside risk (henceforth "golden strategy") has only been studied if all the involved … multi-asset golden strategies for both the expected shortfall and the expectile risk measure, and shows that the use of …