Lee, Yi-Hsi; Hsieh, Ming-Hua; Kuo, Weiyu; Tsai, … - In: China Finance Review International 11 (2021) 3, pp. 372-405
Purpose: It is quite possible that financial institutions including life insurance companies would encounter turbulent situations such as the COVID-19 pandemic before policies mature. Constructing models that can generate scenarios for major assets to cover abrupt changes in financial markets...