Frontiers of Interdisciplinary Research on Financial and Insurance Risk Management

Dear Colleagues,

The stability and sustainability of Financial Services and the major players therein is a necessary condition for the macroeconomic growth of any country. In order to instill security and warrant the aforementioned stability, sets of country-dependent laws, also known as regulations, have been developed. Be it Basel (banking) or Solvency (insurance), the regulations constantly evolve in order to reflect real-world changes. One major innovation in the regulatory regimes, which is an aftermath of the recent financial crisis, is the notion of enterprise risk management (ERM). Remarkably, today, ERM is viewed by the public authorities as a key framework to deal with risks. ERM is quite different from its predecessors, in that it calls for managing various risks simultaneously at the enterprise level and employing a unified multifaceted framework.

Speaking of academia, ERM, which effortlessly crosses the boundaries of a number of distinct scholarly disciplines, invites a holistic and interdisciplinary approach to exploring risk management. It is well known that interdisciplinary research comes with a lot of effort. With this Special Issue, we aim to share instances of successful interdisciplinary research that all focus on the problems of financial and insurance risk management. Both theoretical and empirical research contributions are welcome.

Prof. Edward Furman
Dr. Yang Shen
Dr. Jianxi Su
Guest Editors

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