A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2019; you can also visit the original URL.
The file type is application/pdf
.
Modelling the mitigation impact of insurance in Operational Risk management
2011
Procedia Computer Science
The paper is going to quantify the mitigation of the insurance as a risk mitigant in operational risk management for the commercial bank. Due to the uncertainties associated with the insurance policy, such as counterparty default, payment uncertainty and the liquidity risk (i.e., delayed payment), the recovery amounts are subjected to be kind of uncertainty. Thus, the efficiency of insurance as a risk mitigant may be discounted. We aim at going one step further to consider counterparty default,
doi:10.1016/j.procs.2011.04.180
fatcat:ksk4ytlj4fcovhkfvst6uhimqq