Centre for Risk & Insurance Studies enhancing the understanding of risk and insurance

CRIS Discussion Papers Series

The CRIS discussion papers series reports on research by members of CRIS and their collaborators. All discussion papers are available in hard copy format on application to Tim Orton (Tel +44 (0)115 951 5269, Fax +44 (0)115 846 6667, e-mail timothy.orton@nottingham.ac.uk) . Recent papers are freely available for downloading in pdf format:

The copyrights of all discussion papers remain with their authors.

2006

2006.VIII
An Analysis of Default Funds in UK Defined Contribution Pension Plans
Alistair Byrne, David Blake, Andrew Cairns and Kevin Dowd

2006.VII
The Use of Discrete Choice Analysis in the Design of Randomised Controlled Trials
Martin E Backhouse and Paul Fenn

2006.VI
There's No Time Like the Present: The Cost of Delaying Retirement Saving
Alistair Byrne, David Blake, Andrew Cairns and Kevin Dowd

2006.V
Developing a new insurance solvency regime in the European Union: Evidence from the UK
Chris O’Brien

2006.IV
Pricing Death: Frameworks for the Valuation and Securitization of Mortality Risk
Andrew J.G. Cairns, David Blake and Kevin Dowd

2006.III
Too Good to be True? The (In)credibility of the UK Inflation Fan Charts
Kevin Dowd

2006.II
After VaR: The Theory, Estimation, and Insurance Applications of Quantile- Based Risk Measures
Kevin Dowd and David Blake

2006.I
Testing for Information Asymmetries in the United Kingdom Market for Property-Liability Reinsurance
Michael Adams and Steve Diacon

2005

2005.IX
Validating multiple-period density forecasting models
Kevin Dowd

2005.VIII
Extreme Spectral Risk Measures: An Application to Futures Clearinghouse Margin Requirements
John Cotter and Kevin Dowd

2005.VII
Mortality-Dependent Financial Risk Measures
Kevin Dowd, Andrew J. G. Cairns, and David Blake

2005.VI
A Two-Factor Model for Stochastic Mortality with Parameter Uncertainty
Andrew Cairns, David Blake and Kevin Dowd

2005.V
A Moment-based Procedure for Evaluating Risk Forecasting Models
Kevin Dowd

2005.IV
Risk Preferences and the Consumption of Luxuries
Steve Diacon

2005.III
An Analysis of the Evolution of Insurance in India
Tapen Sinha

2005.II
Framing Effects and Risk Perception: The Effect of Prior Performance Presentation Format on Investment Fund Choice
Steve Diacon and John Hasseldine

2005.I
Cycles in insurance underwriting profits: dynamic panel data results
Paul Fenn and Dev Vencappa

2004

2004.VII
Survivor Swaps
Kevin Dowd, David Blake, Andrew J. G. Cairns and Paul Dawson

2004.V
The GDP Fan Charts: An Empirical Evaluation
Kevin Dowd

2004.III
Credibility at risk? The accounting profession, risk reporting and the rise of VaR
Margaret Woods, Kevin Dowd and Chris G. Humphrey

2004.I
Outsourcing in the UK Financial Services Industry: The Asian Offshore Market
Chris O. Odindo, Steve Diacon and Christine Ennew

2003

2003.III
Stochastic Lifestyling: Optimal Dynamic Asset Allocation for Defined Contribution Pension Plans
Andrew Cairns, David Blake and Kevin Dowd

2003.II
Pensionmetrics 2: Stochastic pension plan design during the distribution phase
David Blake, Andrew Cairns and Kevin Dowd

2003.I
Long-Term Value at Risk
Kevin Dowd, David Blake and Andrew Cairns

2002

2002.XI
Investment Risk: A comparative study of the perceptions of consumers and advisers
Steve Diacon

2002.X
Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj
Tapen Sinha

2002.IX
The Most Successful Insurers in the UK Long-Term Market
Steve Diacon, Ken Starkey, Chris O’Brien and Christopher Odindo

2002.VIII
Guaranteed Annuity Options: Five Issues for Resolution
Chris O’Brien

2002.VII
Size and Efficiency in European Long-Term Insurance Companies
Steve Diacon, Ken Starkey and Chris O’Brien

2002.VI
Risk Averse or Loss Averse: The Behaviour of UK Personal Investors
Steve Diacon

2002.V
Board Composition and Performance in UK Life Insurance Companies
Noel O'Sullivan and Steve Diacon

2002.IV
The Impact of Organisational Form, Internal Governance, and Non-Audit Services on Audit Pricing: Evidence from the UK Insurance Industry
Noel O'Sullivan and Steve Diacon

2002.III
Persistency in UK Long-Term Insurance: Customer Satisfaction and Service Quality
Steve Diacon and Chris O’Brien

2002.II
The Corporate Cost of Risk
Steve Diacon and Simon Ashby

2002.I
Highballing and Lowballing in Audit Pricing: the Impact of Audit Error
Steve Diacon, Paul Fenn and Noel O'Sullivan

2001

2001.III
The Efficiency of UK General Insurance Companies
Steve Diacon

2001.II
Asymmetric Information and the Settlement of Insurance Claims
Paul Fenn and Neil Rickman

2001.I
Workplace Risk, Establishment Size, and Union Density: New Evidence
Simon Ashby and Paul Fenn