Conditional Risk Measure Modeling for Latvian Insurance Companies

Perspectives of Innovations, Economics and Business 2009
Jekaterina Kuzmina, Gaida Petere, Irina Voronova

Due to the current economical situation on the Latvian market insurance companies are forced to consider other possibilities of income generation. One of such opportunities could be seen in cash flows from investment operations, while managing stocks' portfolios. The process of portfolio management is tightly connected with adequate risk management. In the current paper we have used copula approach for estimating portfolio’s conditional risk measures and though to contribute to the discussion about appropriate risk management in the insurance companies.

Atslēgas vārdi
Latvian insurance market, asset allocation, risk managemenr, VaLUE AT rISK, CONDITIONAL RISK MEASURES
Hipersaite
http://academicpublishingplatforms.com/downloads/pdfs/pieb/volume3/201202040054_19_V3_LATVIA_PIEB_EkaterinaKuzmina_PettereVoronova_AGR.pdf

Kuzmina, J., Pettere, G., Voronova, I. Conditional Risk Measure Modeling for Latvian Insurance Companies. Perspectives of Innovations, Economics and Business, 2009, Vol.3, Iss.3, 59.-61.lpp. ISSN 1804-0519. e-ISSN 1804-0527.

Publikācijas valoda
English (en)