, settlement risk, short squeeze risk and financing risk. The fund manager primarily is targeting financial, micro and macro … spreads, settlement risk, short squeeze risk and financing risk affects negatively the performance of event driven hedge funds …

Insurance activities cannot be solely based on pooling arguments as issued policies share common risk drivers which can … discuss the demand for reinsurance. Moral hazard issues and alternative risk transfer mechanisms (securitization) are studied … realistic frameworks where background risk, counterparty risk, regulatory constraints and risk measures are taken into account …