risks effectively. The basis for an effective risk management is a thorough risk analysis. Despite the availability of many … different risk analysis approaches, companies can be reluctant to use them, since the models are usually complex and very time … consuming. Objectives: The main objective is to present a simple, yet effective risk analysis approach that can also serve as a …

concerning catastrophic risk management policies in agriculture based on a survey addressed to both groups. Respondents were … farmers’ insurance to bear the costs. The results indicate that citizens generally accept public spending on agricultural risk …

innovation lies in the integration of classical credibility theory with expected risk models, enhancing their stability and …Accurate risk assessment is crucial for predicting potential financial losses. This paper introduces an innovative … approach by employing expected risk models that utilize risk samples to capture comprehensive risk characteristics. The …

investment returns and risk, provide an attractive and effective alternative to traditional guaranteed life annuity products …. While longevity risk sharing in pooled annuities has received recent attention, incorporating investment risk beyond fixed …, while reducing pooled annuity income volatility and downside risk, as well as an investment strategy that reduces exposure …

Stop-loss reinsurance is a risk management tool that allows an insurance company to transfer part of their risk to a … to the 99.5% value-at-risk of its surplus. Specifically, we show that under a stop-loss contract, the ruin probability …

Optimal reinsurance problems under the risk measures, such as Value-at-Risk (VaR) and Tail-Value-at-Risk (TVaR), have … for catastrophic losses. In this paper, we propose a new family of flexible risk measures denoted by LVaR, which is a … weighted combination of VaR and TVaR. Based on the new risk measures, we deal with the optimal reinsurance problem by …

This paper explores the impact of risk preference as well as interlinked credit and insurance contract on peasants' new … technology adoption. The results show that (1) risk preference has a significant impact on peasants' adoption of innovative seeds …, and the influence of exact probabilistic risk preference on peasants' adoption of innovative seeds is greater than that of …

This paper captures and measures the longevity risk generated by an annuity product. The longevity risk is materialized … the solvency capital (SC) of an insurer selling such a product within a single risk setting for three different life …

In this paper we consider a discrete-time risk model, which allows the premium to be adjusted according to claims … probabilities. In addition, we extend the risk model by considering an external Markovian environment in which the claims …