Purpose – The purpose of this editorial is to study the relationship between the pure risks of insurance and the speculative risks of other financial markets in the context of financial services “convergence”. Design/methodology/approach – The editorial recasts the difference between...

Purpose – The purpose of this paper (the first of two) is to consider measures of risk commonly used in the analysis of both investment and insurance portfolios, and argue that there is a need for more appropriate measures to capture the uncertainty inherent in non-normal (i.e. asymmetric...

Purpose – The purpose of this editorial is to study the relationship between the pure risks of insurance and the speculative risks of other financial markets in the context of financial services “convergence”. Design/methodology/approach – The editorial recasts the difference between...

Purpose – The purpose of this research is to investigate the effect of a speculative attack on the Turkish Lira in the North Cyprus banking sector during the period 1984‐2002. Design/methodology/approach – A mutivariate logit model is the empirical methodology employed in this analysis...

Purpose – The purpose of this paper (the first of two) is to consider measures of risk commonly used in the analysis of both investment and insurance portfolios, and argue that there is a need for more appropriate measures to capture the uncertainty inherent in non‐normal (i.e. asymmetric...