Historical evidence like the global financial crisis from 2007-09 highlights that sector concentration risk can play an … II consider only name concentration risk explicitly in their solvency capital requirements for asset concentration risk … and neglect sector concentration risk. We show by means of US insurers' asset holdings from 2009 to 2018 that substantial …

1. Introductory concepts of financial risk management and related mathematical tools -- 2. Financial risk management in … time models -- 5. Fixed income securities : modeling and pricing -- 6. Implementations of risk analysis in various areas of … financial industry -- 7. Insurance and reinsurance risks -- 8. Solvency problem for an insurance company : discrete and …

contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …