Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It … approaches to assess and monitor cyber risk to the financial sector, including various approaches to stress testing. The paper …

Risk diversification is the basis of insurance and investment. It is thus crucial to study the effects that could limit … it. One of them is the existence of systemic risk that affects all of the policies at the same time. We introduce here a … probabilistic approach to examine the consequences of its presence on the risk loading of the premium of a portfolio of insurance …

, based on the CRINP principle, we develop a novel risk estimation algorithm for understanding relative financial risks in a … systemic risk - correlated financial asset portfolios – as banking network links. Another innovative aspect of our research is … the simulation of systemic risk scenarios is based on real-world data from Call Reports in the U.S. In those scenarios, we …

rationale behind the bans was that "bear raids", driven by short-sellers, would increase the individual and systemic risk of … specifically target institutions with lower capital levels. Furthermore, institutions' risk-levels and changes in short …