Reports Outline Risk Management Findings from Shenzhen University (Measuring insurers’ investment risk taking with asymmetric tail dependencies)

By a News Reporter-Staff News Editor at Investment Weekly News -- Current study results on Risk Management have been published. According to news reporting originating in Guangdong, People's Republic of China, by VerticalNews journalists, research stated, "This paper provides a new measurement of investment risk taking for the U.S. life insurers and illustrates the computational results."

The news reporters obtained a quote from the research from Shenzhen University, "We use a modified portfolio value-at-risk approach, which is based on disaggregated market values of twenty-one types of assets and accounted for dependencies among downside risks of assets, to calculate the respective portfolio risk for 28 mutual insurers and 135 stock insurers over the period from 2007 to 2009."

According to the news reporters, the research concluded: "We find more than half of the life insurers in our sample reduced their portfolio risk during the 2008-2009 financial crisis."

For more information on this research see: Measuring insurers' investment risk taking with asymmetric tail dependencies. Risk Management-Journal of Risk Crisis and Disaster, 2017;19(1):1-31. Risk Management-Journal of Risk Crisis and Disaster can be contacted at: Palgrave Macmillan Ltd, Brunel Rd Bldg, Houndmills, Basingstoke RG21 6XS, Hants, England.

Our news correspondents report that additional information may be obtained by contacting E.P. Lu, Shenzhen Univ, Dept. of Risk Management & Insurance, Shenzhen 518060, Guangdong, People's Republic of China. Additional authors for this research include G.C. Lai, H.J. Li and D.C. Chen.

Keywords for this news article include: Guangdong, People's Republic of China, Asia, Risk Management, Finance and Investment, Shenzhen University.

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