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A new class of risk measures called cash sub-additive risk measures is introduced to assess the risk of future financial, non financial and insurance positions. The debated cash additive axiom is relaxed into the cash sub-additive axiom to preserve the ori ...
In this work, we present a practical and engineering risk management procedure for a university-wide safety and health management of nanomaterials, developed as a multi-stakeholder effort (government, accident insurance, researchers and experts for occupat ...
Diversification is at the core of insurance and other financial business. It constitutes an important issue in the preparation of the new Solvency II framework for the regulation of European insurance undertakings. In this paper, we propose a conceptual fr ...
One of the challenges in the biomedical engineering domain is the Telemedicine. The remote diagnosis, automate instruments for drug delivery or mobile platforms for domestic applications are common targets accepted by the medical insurance companies form t ...
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Heavy-tail phenomena are common in real-life data; the finance and insurance industries, telecommunications, and environment-related events offer typical examples of such phenomena. We focus on the particular topic of the extremogram, for which Davis and M ...
This article investigates the latest developments in longevity-risk modelling, and explores the key risk management challenges for both the financial and insurance industries. The article discusses key definitions that are crucial for the enhancement of th ...
When these lines are written, it is January 21, 2008, a further `Black Monday' on the international markets. Stock indices have fallen between 5 and 10%. Which statistical tools help in describing such events and may help in understanding the consequences? ...
In the absence of adequate state support, societies in the developing world have long relied on community support for humanitarian relief. Such community networks provide a readily available platform for delivery of humanitarian relief services. Wireless t ...
Despite numerous discussions, workshops, reviews and reports about responsible development of nanotechnology, information describing health and environmental risk of engineered nanoparticles or nanomaterials is severely lacking and thus insufficient for co ...
