Essays On Financial Risk Management And Solvency Assessment Mechanisms
DOWNLOAD
Download Essays On Financial Risk Management And Solvency Assessment Mechanisms PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Essays On Financial Risk Management And Solvency Assessment Mechanisms book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Essays On Financial Risk Management And Solvency Assessment Mechanisms
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2021
Essays On Financial Risk Management And Solvency Assessment Mechanisms written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Essays On Risk Management Risk Assessment And Asymmetric Information In The Financial Service Industry
DOWNLOAD
Author : Thomas Parnitzke
language : en
Publisher:
Release Date : 2009
Essays On Risk Management Risk Assessment And Asymmetric Information In The Financial Service Industry written by Thomas Parnitzke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Essays On Financial Risk Management
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1988
Essays On Financial Risk Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Financial institutions categories.
Essays In Innovative Risk Management Methods
DOWNLOAD
Author : Marco Desogus
language : en
Publisher:
Release Date : 2018-10
Essays In Innovative Risk Management Methods written by Marco Desogus and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10 with Business & Economics categories.
This analysis works towards overcoming the current business valuation logic as prevalently set by banks and other credit entities or, more generally, within risk capital markets. Current banking practice applies rigorous deterministic valuations that are based entirely on indices and ratios. Present accounting models are also poor representations of the correct money-credit-production-income mechanisms. This research proposes reforms for methods of business evaluation and determining the relative solidity or probability of insolvency. Each of the themes treated has its own identity, however they are integrated in relation to problems related to bank risk management and relevant creditworthiness assessments.
Essays On Risk Management And Financial Stability
DOWNLOAD
Author : Saifeddine Ben Hadj
language : en
Publisher:
Release Date : 2017
Essays On Risk Management And Financial Stability written by Saifeddine Ben Hadj and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
We first investigate the computational complexity for estimating quantile based risk measures, such as the widespread Value at Risk for banks and Solvency II capital requirements for insurance companies, via nested Monte Carlo simulations. The estimator is a conditional expectation type estimate where two stage simulations are required to evaluate the risk measure: an outer simulation is used to generate risk factor scenarios that govern price movements and an inner simulation is used to evaluate the future portfolio value based on each of those scenarios. The second essay considers the financial stability from a macro perspective. Measuring negative externalities of banks is a major challenge for financial regulators. We propose a new risk management approach to enhance the financial stability and to increase the fairness of financial transactions. The basic idea is that a bank should assume as much risk as it creates. Any imbalance in the tails of the distribution of profit and losses is a sign of the bank's failure to internalize its externalities or the social costs associated with its activities. The aim of the third essay is to find a theoretical justification toward the mutual benefits for members of a bonking union in the context of a strategic interaction model. We use a unique contagion dynamic that marries the rich literature of game theory, contagion in pandemic crisis and the study of collaboration between regulators. The model is focused toward regulating asset classes, not individual banks. This special design addresses moral hazard issues that could result from government intervention in the case of crisis.
Essays On Financial Risk Management
DOWNLOAD
Author : Chi T. M. Tran
language : en
Publisher:
Release Date : 2020
Essays On Financial Risk Management written by Chi T. M. Tran and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Essays On Risk Based Capital Standards Group Regulation And The Measurement Of Model Uncertainty In The Insurance Industry
DOWNLOAD
Author : Caroline Franziska Siegel
language : en
Publisher:
Release Date : 2012
Essays On Risk Based Capital Standards Group Regulation And The Measurement Of Model Uncertainty In The Insurance Industry written by Caroline Franziska Siegel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
During the last decade, the financial industry has faced several financial crises. Insurance supervisors have reacted by revising the existing regulatory frameworks as well as developing and implementing new solvency models. The economic research of the challenges to the insurance industry arising from these new regulatory systems is therefore an important and contemporary task. This doctoral thesis, which comprises four research papers, seeks to gain new insights into the field of regulation and the solvency assessment of insurance companies. The first paper "The Impact of Private Equity on a Life Insurer's Capital Charges under Solvency II and the Swiss Solvency Test" is an empirical analysis of the performance of the asset class private equity regarding both its risk-return profile and its impact on an insurer's capital requirements under the Solvency II framework of the European Union as well as Switzerland's Solvency Test. We review the standard market risk models and also propose an approach for an internal model. We show that although the risk-return profile of private equity suggests a solid performance in relation to various other asset classes, the standard approaches of Solvency II and the Swiss Solvency Test overly penalize the asset class in terms of capital requirements. The following two research papers pertain to the area of solvency assessment for insurance groups. The paper "Solvency Assessment for Insurance Groups in the United States and Europe - a Comparison of Regulatory Frameworks" is an overview and comparison of three innovative group solvency frameworks: the National Association of Insurance Commissioners approach of the United States, the group structure model of Switzerland, and the Solvency II proposal on group solvency assessment. This comparison is based on the recently established criteria for a thorough group solvency approach of the International Association of Insurance Supervisors' Issues Paper.
Risk Management In The Financial Services Industry
DOWNLOAD
Author : Nadine Gatzert
language : en
Publisher:
Release Date : 2009
Risk Management In The Financial Services Industry written by Nadine Gatzert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Three Essays In Risk Management In Financial Institutions
DOWNLOAD
Author : Anton Yanochkin
language : en
Publisher:
Release Date : 2012
Three Essays In Risk Management In Financial Institutions written by Anton Yanochkin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Thèse. HEC. 2012
Essays On Risk Performance And Solvency In The Financial Services Industry
DOWNLOAD
Author : Martin Eling
language : en
Publisher:
Release Date : 2008
Essays On Risk Performance And Solvency In The Financial Services Industry written by Martin Eling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.