Swiss Re has obtained USD 200 million in coverage against North Atlantic hurricane and UK extreme mortality risk through its new Mythen Re programme...
As products at the forefront of finance and Insurance which propose a number of types of guarantees and multiple options corresponding, in theory, to the essential needs of clients (availability of funds, profitability, security), Variable Annuity stands to become the new model of saving for life assurance...
According to Jean-Louis Bertrand, an expert in weather risk management with METNEXT, this risk is likely over $ 400 billion per year, comparable to the foreign exchange risk. The business demand for hedging would be in the process of structuring the market ...
A pioneer of local volatility models and leader of quantitative research at Société Générale then Paribas, Bruno Dupire, gives us his vision of markets and responds to criticism of the local volatility...
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