case of death and survival. Following a Risk Management-oriented approach, this paper first aims at singling out all … sources of risk affecting Variable Annuities (‘risk identification phase'). Critical aspects arise from the interaction … between financial and demographic issues. In particular, the longevity risk may have a dramatic impact on the technical …

create and issue longevity bonds that attempt to hedge overall economy-wide mortality risk to improve insurance companies … (because the bond will be a form of a collateralized debt obligation), and hence a natural issuer, with low credit risk. Since … this bond) and also how governments can ensure that they have sufficient funds to bear this risk. It concludes with the …

In this paper, we have considered a classical risk model with dividend barrier, in which claim inter-occurrence times …

generations, even if the underlying productivity risk is small or zero. We conclude that a joint policy package of orderly default …

such as (a) the mean and variance, (b) any distortion risk measure including the Value-at-Risk and Expected-Shortfall, and … (c) expected utility type constraints, thus making the reverse sensitivity analysis framework suitable for risk models …

sources of risk that the introduction of machine learning emphasises or de-emphasises, and the possible risk mitigation and …

risk. After a brief overview of efficient risk sharing, we discuss the channels by which households pool risk and the … motives for entering in binding informal arrangements. Informal risk sharing arrangements are often thought to be enforced via … risk sharing arrangements, either as partially overlapping networks or as risk sharing groups. We find that both types of …

contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the …