Insurance companies issue this type of bonds to cover the risks associated with "disastrous" events such as earthquakes, typhoons, storms and hurricanes...

Behavioural finance attempts to study and explain the economic behaviour of individuals participating on the market, as well as their irrational character.

Mark Joshi has worked for RBS from 1999 to 2005. First as quant analyst and then head of quantitative research within the risk department.

In an uncompromising book, Benoit Mandelbrot, French graduate from Ecole Polytechnique, denounces the inconsistency of the orthodox theory of finance and presents his fractal vision of the markets

To reduce the risks on the pension fund industry, JP Morgan launched the LifeMetrics index. This index is part of a global platform called "LifeMetrics" which aim is to measure and manage longevity and mortality risk exposure...