「Risk Management：Then, Now and Tomorrow」
Financial institutions in insurance and banking find themselves in constant search for a balance between the various stakeholders involved.
In this talk I will mainly look at this "search for balance" between a company and the relevant regulators. First of all (THEN) I will give a historic overview of ideas in the realm of finance and insurance that have helped to shape modern financial and insurance markets. Following this short overview, I will discuss how various regulatory regimes, like Basel I/II/III and Solvency I/II have until now reacted to these market developments (NOW).
In particular, I will be critical about some of the shortcomings of the current regulatory frameworks in place. In a final part I will give my personal view on the risk management challenges facing the world of insurance and banking going forward (TOMORROW).
- 2016年9月14日（水） 17:00 - 19:00
- TKP東京駅日本橋カンファレンスセンター（ホール 6A）
Paul Embrechts is Professor of Mathematics at the ETH Zurich specialising in actuarial mathematics and quantitative risk management. Previous academic positions include the Universities of Leuven, Limburg and London (Imperial College). Dr. Embrechts has held visiting professorships at the University of Strasbourg, ESSEC Paris, the Scuola Normale in Pisa (Cattedra Galileiana), the London School of Economics (Centennial Professor of Finance), the University of Vienna, Paris 1 (Pantheon-Sorbonne), the National University of Singapore, Kyoto University, was Visiting Man Chair 2014 at the Oxford-Man Institute of Oxford University, and has an Honorary Doctorate from the University of Waterloo, the Heriot-Watt University, Edinburgh, and the Universite Catholique de Louvain. He is an Elected Fellow of the Institute of Mathematical Statistics and the American Statistical Association, Honorary Fellow of the Institute and the Faculty of Actuaries, UK, and Institut des actuaires, France, Member Honoris Causa of the Belgian Institute of Actuaries, Corresponding Member of the Italian Institute of Actuaries, Actuary Swiss Association of Actuaries, and is on the editorial board of numerous scientific journals. He belongs to various national and international research and academic advisory committees. He co-authored the influential books "Modelling of Extremal Events for Insurance and Finance", Springer, 1997 and "Quantitative Risk Management: Concepts, Techniques and Tools", Princeton University Press, 2005 and 2015. Dr. Embrechts consults on issues in quantitative risk management for financial institutions, insurance companies and international regulatory authorities.
- 2.0単位 ＜リスク管理＞