Fully revised and restructured, Measuring Market Risk, Second Edition includes a new chapter
on options risk management, as well as substantial new information on parametric risk, …

Our ambition in this essay is to challenge received wisdoms about the importance of ‘useful’
management scholarship. Suggesting that usefulness and uselessness are contingent on …

… Dowd, K. … Professor Kevin Dowd kevin.dowd@durham.ac.uk … Dowd, K. (1998).
Beyond Value at Risk: The New Science of Risk Management. …

In this article, we consider the evolution of the post‐age‐60 mortality curve in the United
Kingdom and its impact on the pricing of the risk associated with aggregate mortality …

We compare quantitatively eight stochastic models explaining improvements in mortality
rates in England and Wales and in the United States. On the basis of the Bayes Information …

… This selection and arrangement of content as a collection is copyrighted by Charles
Severance, Kevin Dowd. It is licensed under the Creative Commons Attribution 3.0 license (http://…

It is now widely accepted that stochastic mortality – the risk that aggregate mortality might
differ from that anticipated – is an important risk factor in both life insurance and pensions. As …

This paper addresses the problem of longevity risk — the risk of uncertain aggregate mortality
— and discusses the ways in which life assurers, annuity providers and pension plans can …

This paper develops a framework for developing forecasts of future mortality rates. We
discuss the suitability of six stochastic mortality models for forecasting future mortality and …

In the first part of the paper, we consider the wide range of extrapolative stochastic mortality
models that have been proposed over the last 15–20 years. A number of models that we …