RiskNEWS - Archive

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In an Uncertain World, We Need Both Brains and Guts

The Art of Good Decision Making

Prof. Dr. Wolfgang Gaissmaier20.01.2016, 09:39

"In this world nothing can be said to be certain, except death and taxes," wrote the US statesman Benjamin Franklin in 1789, on the eve of the French Revolution. And his words are still...

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Benefits and Risks of the New Insurance Regulation

Solvency II at the Gates

Prof. Dr. Helmut Gründl15.01.2016, 09:15

Investors and insurance policyholders are often confronted with complex products and providers’ opaque organisational structures. At the same time, the possibility that their claims will not be...

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Macroeconomic forecast

The recovery continues amid risks

RiskNET [Editor-in-chief]13.01.2016, 09:17

The recovery in the Eurozone is expected to continue at a moderate pace. Real gross domestic product is estimated to increase by 1.5% in 2015, and by 0.4% in comparison to the previous quarters in...

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Zero interest rates and regulation create new risks

New risk models required

RiskNET [Editor-in-chief]12.01.2016, 18:38

The combination of zero interest rates and more stringent regulatory requirements is creating additional risks for investors and the financial system as a whole. Asset managers must react to these...

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Statistics, Psychology and the Risk Paradox

Are We Afraid of the Wrong Things?

Prof. Dr. Ortwin Renn [Universität Stuttgart]15.12.2015, 16:26

New technologies, sophisticated mathematical models and increasingly comprehensive statistical surveys have brought – and continue to bring – huge advances in our understanding of risk management....

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The Notion of the Risk ­Society in the Public Discourse

The Appeal of Disasters

Prof. Dr. Klaus P. Japp30.11.2015, 14:48

Even deciding to get married can have serious consequences. But clinging to the idea of large-scale risks – by, for example, positing the notion of a 'risk society' – obscures many of the everyday...

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Thoughts on Ethically Sound Risk Management

The Philosophy of Risk

Prof. Dr. Julian Nida-Rümelin20.11.2015, 08:30

Risk is not something that concerns only mathematicians and financiers – it is also of interest to philosophers. Whenever we start to think about things such as threats, hazards, damage, harm or...

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