We study a new risk measure inspired from risk theory with a heat wave risk analysis motivation. We show that this risk … useful for measuring the potential impact of climate change on heat wave risk. Numerical illustrations are given. …

reduce NPEs in the subsequent period. In conclusion, climate risk management represents a crucial challenge for the financial …

addressing the disaster's underlying risk, the traditional disaster insurance strategy largely focuses on providing financial … significance of effective disaster risk reduction strategies applied within the innovative insurance mechanism in lowering overall … help insurance firms, policy planners, and disaster risk managers make decisions that will benefit local communities and …

The aim of this work is to introduce an innovative methodology for performing risk attribution within a multifactor … risk framework. We applied this analysis to the assessment of systemic, climate, and geopolitical risks relative to a … the combined risk to each factor and to the effect of their interaction by employing our proposed frequency-based approach …

context of model uncertainty can be extended to the case in which the options available for static hedging (hedging options …

In this paper, a dual risk model under constant force of interest is considered. The ruin probability in this model is …

This paper analyzes the joint association of emotions and knowledge in decision-making under uncertainty on a TV game … uncertainty (PU), which have mostly been investigated separately in Economics and Psychology until now. We examine the preference … for uncertainty, proxied by a preference for gambling against a sure payoff, in 59 contestants in the TV game show "JOKER …

framework is model-free and allows for stresses on the output 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. …

area of environmental, social, and corporate governance (ESG) within portfolio decisions. It considers a risk- and … ambiguity-averse investor allocating resources to a risk-free asset, a market index, a green stock, and a brown stock. The study … study contrasts ambiguity-averse investors with their non-ambiguity counterparts, revealing more cautious risk exposures …