institutions create sources of systemic risk for the broader financial system. We describe elements of monitoring risks in the …

institutions create sources of systemic risk for the broader financial system. We describe elements of monitoring risks in the …

This paper evaluates the model risk of models used for forecasting systemic and market risk. Model risk, which is the … periods, the underlying risk forecast models produce similar risk readings; hence, model risk is typically negligible. However … the reliability of risk readings. Finally, particular conclusions on the underlying reasons for the high model risk and …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … value at risk and marginal expected shortfall, on 3 groups, namely banks, insurers and non-financial companies listed in … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

This paper investigates systemic risk in the insurance industry. We first analyze the systemic contribution of the … value at risk and marginal expected shortfall, on 3 groups, namely banks, insurers and non-financial companies listed in … Europe over the last 14 years. We then analyze the determinants of the systemic risk contribution within the insurance …

the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … reinsurance is important for the capacity of insurers, we measure risk dependence among European insurers and reinsurers. The … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …

direct entry costs but results in risk concentration. This trade-off leads to a unique market structure, which is generally … underscore that policies aiming to achieve all-to-all trading, reduce risk concentration, or lower transaction costs can be …

We conduct a systematic literature review on environmental and climate related risk management in the financial sector … classification of papers to three main categories that consider the impact of environmental concerns on financial risk, the current … state of environmental risk practices in the finance sector, and lastly measures to assess those risks within financial …

This paper studies the systemic risk contribution of a set of large publicly traded European banks. Over a sample … systemic risk. Moreover, larger banks and banks with a business model more exposed to trading and financial market volatility … systemic risk contribution of all banks. However, the ECB announcement of the Pandemic Emergency Purchasing Programme restored …