In the renewal risk model, several strong hypotheses may be found too restrictive to model accurately the complex evolution of the reserves of an insurance company. In the case where claim sizes are heavy-tailed, we relax the independence and stationarity assumptions and extend some asymptotic...

We study a new risk measure inspired from risk theory with a heat wave risk analysis motivation. We show that this risk measure and its sensitivities can be computed in practice for relevant temperature stochastic processes. This is in particular useful for measuring the potential impact of...

The evolution of society as well as the current economic crisis have led to the questioning of the integrity of economists. The AFSE addresses this problem in order to recover public confidence. We analyse these recommendations and try to demonstrate their relevance and also their limits,...