Value-at-risk (VaR) is one of the most common risk measures used in finance. The correct estimation of VaR is essential for any financial institution, in order to arrive at the accurate capital ...

We present a non-parametric method for calibrating jump–diffusion and, more generally, exponential Lévy models to a finite set of observed option prices. We show that the usual formulations of the ...

Let τ be a prior distribution over the parameter space Θ for a given parametric model P θ, θ ∈ Θ. For the sample space X (over which P θ 's are probability measures) belonging to a general class of ...

Market research cited Marsh indicated the global parametric insurance market is estimated to reach $34.4 billion by 2033. While natural catastrophe remains dominant, parametric models are increasingly ...

Dublin, May 01, 2025 (GLOBE NEWSWIRE) -- The "Parametric Insurance Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ...

This is a preview. Log in through your library . Abstract In the analysis of semi-competing risks data interest lies in estimation and inference with respect to a so-called non-terminal event, the ...

2021 MAR 11 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- New research on Accident Research is the subject of a report. According to news reporting originating from ...