When evaluating the tail risk of stock portfolio returns, providing statistically sound solutions for long return horizons is important, but difficult. Furthermore, there are drawbacks to using ...

Risk management and capital allocation remain central to actuarial science, serving as vital tools in quantifying uncertainty and mitigating potential losses. The field has evolved from traditional ...

We adapt a semi-Bayesian hierarchical modeling framework to jointly characterize the space–time variability of seasonal precipitation totals and precipitation extremes across the Northern Great Plains ...