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Callable Loan Credit Protection: Wilmott Magazine Article
Alain Verberkmoes and Anna Shepeleva 517 Views

A cancelable LCDS is a credit default swap on loans which is terminated when the underlying reference obligations are refinanced. In this paper we present a simple intuitive approach for dealing with such LCDS contracts. The focus is on the dependence of the issuer's decision to refinance on the issuer's credit spread. The resulting model allows for fast numerical evaluation and can be used for trading and risk management purposes.


Emerging Markets and the Virgin Investor: Wilmott Magazine Article
Rudi Bogni 1852 Views

Emerging markets have to be prepared for some home truths on the road to creditworthiness.

RiskMinds Insurance 2016 - 22-23 March 2016: Main Conference Hotel Okura, Amsterdam - 15% Discount for Wilmott users
RiskMinds Insurance 2016

22-23 March 2016: Main Conference
21 March 2016: Fintech and Disruption Focus Day
21 March 2016: Regulation Post SII Focus Day
21 March 2016: Data and Big Data Focus Day
22-23 March 2016: Main Conference Hotel Okura, Amsterdam

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The largest event for risk management in the insurance industry.

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- 50+ CROs in attendance
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For 2016, we will address the full spectrum of challenges facing CROs, Chief Actuaries and CTOs in insurance and re-insurance companies. We have created a festival of events giving dedicated content to each of the above job titles, as well as a whole host of exciting interactive formats taking place parallel to the main conference sessions.

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* For reinsurance companies free places are restricted to those working within the Risk, Actuarial and Technology functions only.
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