1.5Impact Factor
5.0CiteScore
24 daysTime to First Decision

Risks, Volume 9, Issue 10

October 2021 - 14 articles

Cover Story: The concordance probability, also called the C-index, is a popular measure to capture the discriminatory ability of a predictive model. We have adapted the definition of this measure to the specific needs of the frequency and severity model, typically used during the technical pricing of a non-life insurance product. For the frequency model, three new types of the concordance probability are defined, designed to deal with the concept of exposure, i.e., the duration of a policy or insurance contract. Frequency data typically have a large sample size, and therefore, we present two fast and accurate estimation procedures for big data. We also present the concordance probability adapted for severity models. View this paper

Issues are regarded as officially published after their release is announced to the table of contents alert mailing list .
You may sign up for email alerts to receive table of contents of newly released issues.
PDF is the official format for papers published in both, html and pdf forms. To view the papers in pdf format, click on the "PDF Full-text" link, and use the free Adobe Reader to open them.

Articles (14)

Select all

Article

6 Citations

4,169 Views

19 Pages

A Bridge between Local GAAP and Solvency II Frameworks to Quantify Capital Requirement for Demographic Risk

Gian Paolo Clemente,
Francesco Della Corte and
Nino Savelli

Risks2021, 9(10), 175;https://doi.org/10.3390/risks9100175

29 September 2021

The aim of this paper is to provide a stochastic model useful for assessing the capital requirement for demographic risk in a framework coherent with the Solvency II Directive. The model extends to the market consistent context classical methodologie...

Full Article

Article

3 Citations

9,830 Views

14 Pages

Is Gold a Hedge against Stock Price Risk in U.S. or Indian Markets?

Hemant Manuj

Risks2021, 9(10), 174;https://doi.org/10.3390/risks9100174

28 September 2021

We study whether gold acts as a hedge or a safe haven in U.S. and the Indian stock markets. These two stock markets have been chosen as representatives of the developed markets and the emerging markets, respectively, and are of significant interest t...

Full Article

Article

2 Citations

2,861 Views

14 Pages

Managing the Risks of Innovative Activities Focused on the Consumer Market: Competitiveness vs. Corporate Responsibility

Julia V. Ragulina,
Stanislav E. Prokofyev and
Tatyana V. Bratarchuk

Risks2021, 9(10), 173;https://doi.org/10.3390/risks9100173

27 September 2021

Purpose This paper aims to study the specifics of managing the risks of innovative activities during the implementation of the Sustainable Development Goals (SDGs) in entrepreneurship that is focused on the consumer market in countries with different...

Full Article

Article

34 Citations

13,157 Views

14 Pages

ESG Disclosure and Portfolio Performance

Ramón Bermejo Climent,
Isabel Figuerola-Ferretti Garrigues,
Ioannis Paraskevopoulos and
Alvaro Santos

Risks2021, 9(10), 172;https://doi.org/10.3390/risks9100172

24 September 2021

This paper illustrates the impact of Environmental Social and Governance (ESG) disclosure on European corporate equity performance. In this study, we use an extensive data set of European ESG ratings provided by Bloomberg to demonstrate that ESG disc...

Full Article

of 2

Get Alerted

Add your email address to receive forthcoming issues of this journal.

Risks - ISSN 2227-9091

Imprint

Download Flyer