Exercise 7 ERM 4354 CHECK DESCRIPTION скачать в хорошем качестве

Exercise 7 ERM 4354 CHECK DESCRIPTION

Hi everyone, hope this video clears up any confusion on the assignment and is a great guide. Let me know in the comments if you need any help! Edit: Hey guys, if you watch the video, the low retention column in my sheet is incorrect. I made a typo of a few numbers which affects the entire column. The retention for the low column should be: -3,950,861 and Cost of insurance should be 2,551,476. Also for the VaR section, I forgot to mention that you MUST add the expected cost of each scenario (Low, Average, and High) to the Net of Risk Transfer VaR. For example, for the High section, the Expected cost of Insurance Risk Transfer = $259,426. This is a negative cost to your firm. Add -259,426 to -7,737,043 in the VaR section of the Net of Risk Transfer column. This will give you the final answer of -7,996,469 for the High VaR cell.