"Four axioms natural in such a framework -- actuarial fairness, risk fairness, risk anonymity, and operational anonymity -- are put forward and discussed."
"Companies and law firms must have adequate insurance coverage to fill gaps and to meet company insurance objectives."
"There is currently limited information on and a lack of a unified approach to AI and ESG, and a need for tools for systematically assessing and disclosing the ESG related impacts of AI and data capabilities. I here propose the AI ESG protocol, which is a flexible high-level tool for evaluating and disclosing such impacts..."
"Organizations closest to full adoption are those under the prudential regulation (coercive forces), whereas efficiency motives and mimetic forces drive organizations to seek fluidity by ‘blending’ the segregated lines to ensure fast reactions to changing environment."
"... ESG ratings providers have come under scrutiny over concerns of the reliability of their assessments."
"Using this framework, I provide comparative statics results on the effects of exogenous economic factors on the optimal design of these plans. In particular, I examine the effect of risk aversion, forecast improvements, early action benefits, and likelihood of risky event on the optimal financing amount and forecast trigger."
"Our main purpose is to provide a convenient analytic model that explains both the pattern of observed customer behavior and the pattern of insurance contracts most often observed in practice: these consist of menus of several deductible-premium pairs, or menus of insurance with coverage limits-premium pairs."
"Our findings offer new evidence on how economic shocks transmit to banking industry losses with implications for risk management and supervision."
" I develop a firm-level measure of supply chain risk exposure from a novel source of unstructured data---managers' discussions of supply chain-related topics during earnings conference calls and Q&A sessions---using textual analysis techniques including seeded word embedding and bag-of-words-based content analysis."
"The objective of this paper is to discuss the underlying principles and assumptions of valuation under Solvency II and to analyse concepts such as the best estimate and the cost-of-capital risk margin, hedgeable and non-hedgeable risks, market value of risk, as well as economic capital and expected and unexpected losses."