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Risk management in a low-yield environment: Consequences of the financial crisis

Author

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  • Lehmann, Axel P.
  • Huber, Carin

Abstract

While the climax of the financial crisis is already five years ago, the financial industry, but also governments and economies, are still struggling with its consequences. This paper highlights the lessons learned from the financial crisis from an insurance industry's perspective and elaborates its implication for risk management to cope with the challenges ahead. Particularly, the ongoing ultra-low yield environment presents some challenges for companies, savers and pensioners, investors, and insurers.

Suggested Citation

  • Lehmann, Axel P. & Huber, Carin, 2013. "Risk management in a low-yield environment: Consequences of the financial crisis," Journal of Risk Management in Financial Institutions, Henry Stewart Publications, vol. 6(2), pages 185-187, March.
  • Handle: RePEc:aza:rmfi00:y:2013:v:6:i:2:p:185-187
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    More about this item

    Keywords

    risk management; insurance industry; low yield environment; inflation; financial crisis; asset and liability management;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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