Journal of Risk Finance: Volume 14 Issue 1

Atlantic hurricane forecast: a statistical analysis

Siamak Daneshvaran, Maryam Haji

A reliable forecast of hurricane activity in the Atlantic Basin has the potential to help mitigate the economic losses caused by hurricanes. One of the difficult problems is to…

Quantifying spatial basis risk for weather index insurance

Michael T. Norton, Calum Turvey, Daniel Osgood

The purpose of this paper to develop an empirical methodology for managing spatial basis risk in weather index insurance by studying the fundamental causes for differences in…

Pricing ruin‐contingent life annuity under stochastic volatility

Ning Rong, Farzad Alavi Fard

The purpose of this paper is to propose a model for ruin‐contingent life annuity (RCLA) contracts under a jump diffusion model, where the dynamics of volatility is governed by the…

Risk aversion in family firms: what do we really know?

Martin R.W. Hiebl

Risk aversion is an important characteristic associated with family firms. Despite growing literature in recent years, a consistent picture of what we know about the risk aversion…

Is the risk management committee only a procedural compliance?: An insight into managing risk taking among insurance companies in Malaysia

Tuan‐Hock Ng, Lee‐Lee Chong, Hishamuddin Ismail

The purpose of this paper is to identify the relationships between risk management committee characteristics and risk taking of the Malaysia's insurance companies, from 2003‐2011…

Empirical estimation of default and asset correlation of large corporates and banks in India

Arindam Bandyopadhyay, Sonali Ganguly

Estimation of default and asset correlation is crucial for banks to manage and measure portfolio credit risk. The purpose of this paper is to find empirical relationship between…

Learn from insurance: cyber bore

Michael Mainelli

The purpose of this paper is to look at how cyber insurance markets might work with the backing of government reinsurance.

2012 Awards for Excellence