"... at least in financial terms, the associated losses can be covered by insurance contracts. The role of actuaries is to develop adequate contract structures, calculate correct premiums, and implement quantitative risk management in insurance firms."
Information about #fdic #insurance and communication about #bank #stability by the #federalreserve can reassure depositors and mitigate #bankruns, while communication from political leaders only influ
Advanced #machinelearning models were found to be more effective than #linearregression in predicting firm performance under #naturaldisaster #risks. The study suggests that textual data in #financial
#regulators recently issued #cybersecurity #disclosure guidelines to enhance #transparency and #accountability among firms. A study analyzed cybersecurity disclosure practices among a sample of Toront