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one of the most significant hazards within the Physical Risk domain, which is Flood Risk. The measurement is focused on … the prospective evolution of the flood events on a portfolio of mortgages secured by residential properties. The impact of … expected losses that result from the stressed projections. The flood risk projection is executed on a long-term timeframe …
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We introduce a class of quantile-based risk measures that generalize Value at Risk (VaR) and, likewise Expected Shortfall (ES), take into account both the frequency and the severity of losses. Under VaR a single confidence level is assigned regardless of the size of potential losses. We allow...
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periodic long term solutions and denote them rich and poor economies. Whereas rich economies can afford to invest in flood … defence and therefore avoid flood damage and develop high living standards, poor economies prefer consumption instead of … investing in flood defence capital and end up facing flood damages every time the water level rises. Nevertheless, they manage …
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measures of short-run flood risk. The observed effect of SLR exposure on household stock market participation behavior also …
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, focusing on sea level rise (SLR) and flood risks. Commercial mortgages are an important asset class of life insurers …
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