assumptions alone in measuring risk. Cushioning against risk has always created a plethora of complexities and challenges; hence …, this paper attempts to analyse statistical properties of various risk measures in a not normal distribution and provide a … financial blueprint on how to manage risk. It is assumed that using old assumptions of normality alone in a distribution is not …

is plugged in a fairly general distribution-invariant risk measure. We focus on the rate of the convergence of the error … means of a numerical example. Regarding the risk measure, we take into account distortion risk measures as well as … distribution-invariant coherent risk measures. -- total claim distribution ; [phi]- and [alpha]-mixing sequences of random …

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 …