The aggregation of individual risks into total risk using a weighting variable multiplied by two ratio variables … representing incidence and intensity is an important task for risk professionals. For example, expected loss (EL) of a loan is the …

on insolvency risk will be defined by recalling the concepts of Cash Flow-at-Risk and Capital-at-Risk. A first check on … through a simulation model. The scenario analysis allows us to examine how financial and risk policies oriented by insolvency …This conceptual paper focuses on the relationship between insolvency, capital structure, and value creation. The aim is …

Credit risk is a critical issue that affects banks and companies on a global scale. Possessing the ability to … accurately predict the level of credit risk has the potential to help the lender and borrower. This is achieved by alleviating … trees, random forests, and stochastic gradient boosting to add to the current literature on credit-risk modelling. The …

, financial risk, and credit risk have a significant impact on the performance of CRAs, whereas operational risk and business risk …An empirical study was conducted to determine the impact of different types of risk on the performance management of … credit rating agencies (CRAs). The different types of risks were classified as operational, market, business, financial, and …

Climate risk refers to the risks associated with climate change and has already started to impact various sectors of … the economy. In this work, we focus on the impact of physical risk on the probability of default for a firm in the … of default. We also propose a model to assess the exposure of the firm to transition risk. …

reduce NPEs in the subsequent period. In conclusion, climate risk management represents a crucial challenge for the financial …

context of credit risk. …How can risk of a company be allocated to its divisions and attributed to risk factors? The Euler principle allows for … an economically justified allocation of risk to different divisions. We introduce a method that generalizes the Euler …

initiatives, this transition risk will certainly need to be incorporated into a firm' credit risk assessment. In this paper, we …Carbon risk, a type of climate risk, is expected to have a crucial impact, especially on high … explore the impact of the carbon risk factor, constructed as the daily median difference in default protection between …

of credit granting or project financing in order to manage the risk of default. In this research, an improvement in the …, a novel model is proposed by incorporating household composition into credit risk evaluation using fuzzy clustering and …Traditionally, business risk management models have not taken into consideration household composition for the purposes …

transition and credit risk, as firms exposed to high transition risks may face challenges in maintaining creditworthiness …Climate risk is the negative effect of climate change on several aspects of the environment, business, and society … due to climate modifications that have become commonplace; the transition risk arises from the economic and regulatory …