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Difficult risks and capital models
A report from the Extreme Events Working Party
Published online by Cambridge University Press: 29 August 2014
Abstract
This paper is a report from the Extreme Events Working Party. The paper considers some of the difficulties in calculating capital buffers to cover potential losses. This paper considers the reasons why a purely mechanical approach to calculating capital buffers may bot be possible or justified. A range of tools and techniques is presented to help address some of the difficulties identified.
- Type
- Sessional meetings: papers and abstracts of discussions
- Information
- Copyright
- Copyright © Institute and Faculty of Actuaries 2014
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