13 résultats pour « Risk Management »
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"The essay presents a vision of the AI-enhanced actuary, who leverages AI to build more accurate and efficient models, incorporates new data sources, and automates routine tasks while adhering to professional and ethical standards. We also discuss the challenges and speed-bumps along the way, including explainability, bias and discrimination risks, regulatory hurdles, and the need for actuaries to acquire AI knowledge and skills."
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This research develops a mathematical model using Extreme Value Theory and Risk Measures to estimate and forecast major fire insurance claims, enhancing insurers' understanding of potential risks. Utilizing a three-parameter Generalized Pareto Distribution in the Extreme Value Theory framework, the study effectively models large losses, aiding in risk management and pricing strategies for insurance firms.
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The Three Lines of Defence model (based on defence-in-depth approaches) has become one of the primary risk management frameworks. Yet, its application in the cybersecurity space, one of the fastest-growing areas of risk for modern organisations, has been fragmented at best. In this article, we conducted a systematic literature review on the application of this model in cybersecurity.
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