For a static model of n individuals generated by heavy-tailed losses, under the assumption that there exist asymptotic independence and dependence structures between the losses, we derive asymptotic ...

Investing means taking a certain amount of risk in order to achieve your financial goals. There are distinct categories and types of risk investors contend with, including systematic and unsystematic ...

Having recently attended RSA 2022, one of the largest cybersecurity industry conferences in the U.S., it’s clear that the cybersecurity industry is only starting to address the cascading and ...

Investing is all about striking the right balance between risk and return. There are different types of risks in the stock market and there are ways to mitigate them. All investors naturally want to ...

Private capital markets are no longer a side story in global finance. Despite the sector’s insistence that it brings many benefits to the broader economy, the growing size of private capital markets ...

Forbes contributors publish independent expert analyses and insights. I write on AI, digital and cybersecurity governance and the board. Attackers are exploiting systemic weaknesses in digital ...

Regulators should be paying more attention to the ballooning galaxy of nonbank financial institutions currently operating in global markets. The risks they pose to the financial system are not well ...

The Prudential Regulatory Authority (PRA) has warned of “systemic risk” within the bulk annuity market as insurers compete for defined benefit (DB) pension schemes’ business. Specifically, the ...