The field of risk management has undergone a sea of change in the past few decades. At one point in...
In the United States, the government of the United States is the biggest player in the flood insurance industry. This...
When credit default swaps first found their way into the global market, they were hailed as being a great invention....
P2P insurance, short for peer to peer insurance, is a relatively new form of insurance which has made its way...
In the previous articles, we have seen how we can use exposure at default (EAD), loss given default (LGD), and...
The volatility present in the market is always mentioned in a negative manner. However, if one looks carefully at the...
The modern approaches to risk management are data-driven. There are four basic steps to this approach which we will study...
The concept of value at risk (VaR) is closely connected with the concept of market risk mitigation. This is why...
In the previous article, we have studied about the concept of captive insurance companies. We have also enumerated the various...
The purpose of credit derivatives is to make sure that the interests of the buyers of protection are secured if...