A company's cyber defenses are based on a secure infrastructure and risk-aware behavior by employees. With rising cyber … threats and normative training efforts showing limited impact, raising cyber risk awareness is emerging as a challenging … to understanding attitudes and influencing risk behavior. We propose and test a novel methodology to combine and …

We discuss when and why custom multi-factor risk models are warranted and give source code for computing some risk … factors. Pension/mutual funds do not require customization but standardization. However, using standardized risk models in … quant trading with much shorter holding horizons is suboptimal: (1) longer horizon risk factors (value, growth, etc …

market with reinvestment risk, since in this case the total liability cannot easily be separated into hedgeable and non …

, valuation, and controlling of risks. One of the main sources of control is diversification of risks and in that respect it … sometimes not. A key observation is that the economic risk came before the insurance contract: Mother earth destroys and kills …

Evaluating risk measures, premiums, and capital allocation based on dependent multi-losses is a notoriously difficult … by a heavy-tailed background risk. A particular attention is given to the distortion and weighted risk measures and … allocations, as well as their special cases such as the conditional layer expectation, tail value at risk, and the truncated tail …

We consider an insurance company whose risk reserve is given by a Brownian motion with drift and which is able to … with other risk measures, exponential utility and the probability of ruin. Following recent research, we assume that …

This paper proposes risk sharing strategies, which allow insurers to cooperate and diversify non-systemic risk. We deal … with both deviation measures and coherent risk measures and provide general mathematical methods applying to optimize them … all. Numerical examples are given in order to illustrate how efficiently the non-systemic risk can be diversified and how …

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. …

We consider a spectrally-negative Markov additive process as a model of a risk process in a random environment …