The Mathematics of Mortality

Author(s):

Vladimir Kaishev

 et al.

A novel statistical methodology created by academics at Cass Business School has led to improved data about deaths and life expectancy.

Updated: 25/11/2015
Comments:
Views: 425

The Asbestos Legacy - A simple benchmark for mesothelioma projection

Once widely used in construction, asbestos is known to cause several deadly diseases including the rare form of cancer known as Mesothelioma. Due to its long latency period and poor records of exposure, the number of cases of this disease is difficult to predict. This research compares two established methods of projection in order to determine which is more effective.

Updated: 12/11/2015
Comments:
Views: 488

Managing Financially Distressed Pension Plans in the Interest of Beneficiaries

Author(s):

Joachim Inkmann

 et al.

Research from Cass Business School offers a new way to value pension plans that takes financial risks into account, helping staff obtain a clearer picture of the security of their promised pension.

Updated: 25/09/2015
Comments:
Views: 633

Managing Longevity Risk - an analysis of the Swiss Re Kortis Bond

Author(s):

Andrew Hunt

 et al.

In 2010 Swiss Re issued the Kortis bond, the world's first "longevity trend bond" designed to enable the transfer of extreme longevity risk to the capital markets. Researchers at Cass Business School have produced the first analysis of the bond, looking at its design, its payoff, and key risk factors for it.

Updated: 13/07/2015
Comments:
Views: 856

Towards Fairer Compensation for People in Accidents

Author(s):

Zoltan Butt

 et al.

Research undertaken at Cass Business School has helped courts better assess the loss of earnings suffered by people who have had accidents.

Updated: 22/05/2015
Comments:
Views: 811

De-risking pensions and annuities

A financial market that helps shift risk from pension plans and annuity providers to the capital markets has been invented by an academic from City University London.

Updated: 18/05/2015
Comments:
Views: 1,011

Footing the Bill for Acts of God - how the reinsurance market is under threat

Author(s):

Paula Jarzabkowski

 et al.

A new book, based on research carried out at Cass Business School, warns of the dangers the reinsurance market may face as a result of changes to the way losses created by natural disasters are assessed.

Updated: 29/07/2015
Comments:
Views: 1,552

DC reinvented – addressing the challenges that lie ahead

With revolution replacing evolution in UK DC pensions, Chris Wagstaff, Senior Visiting Fellow, considers the challenges that lie ahead for the world's fastest growing DC market and what the key ingredients are for engineering good DC member outcomes to and through retirement.

Updated: 04/03/2015
Comments:
Views: 998

Archimedean copulas derived from utility functions

Archimedean copulas are an important subclass of dependency models, while risk attitude of individuals is usually modelled by means of a utility function that is increasing and convex in terms of wealth. This publication explores the relationship between Archimedean copulas and utility functions, thus enhancing the interpretation of Archimedean copulas and therefore informing the risk modeller choosing the most appropriate copula.

Updated: 10/12/2014
Comments:
Views: 1,108