This book is a guide to asset and risk management from a practical point of view. It is centered around two questions … triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory … they should not? - How do investors deal with such crises in terms of their risk measurement and management and, as a …

annuity payout of course impacts on the overall risk profile of the life annuity portfolio. On the one hand a higher premium … extending the business without taking huge amounts of risk. Hence, the Risk Management objective “enhancing the company market … share” can be pursued without significant worsening of the LoB risk profile …