An increasing number of hazardous natural phenomena is one of the results of climate change for Russia. Risks increase in coastal areas with high concentration of hazards and high density of population and economic activity. In 2012, an integrated damage from floods was about 1 billion euros;...

The entropic value of the production risk is closely linked to the farmer's aversion to this type of risk. Since risk aversion is difficult to quantify, it is preferable to use the MaxEnt model as a quantitative benchmark in assessing and covering the production risk through adequate financial...

Sharing economy (SE) has brought new challenges for the insurance industry, worldwide. Such challenges may turn into opportunities or threats for the insurance industry, depending on how they are managed. No matter what it is, the "shared" sector, or the country, SE requires a legal and...