Modeling and pricing cyber insurance
نویسندگان
چکیده
Abstract The paper provides a comprehensive overview of modeling and pricing cyber insurance includes clear easily understandable explanations the underlying mathematical concepts. We distinguish three main types risks: idiosyncratic, systematic, systemic risks. While for idiosyncratic systematic risks, classical actuarial financial mathematics appear to be well-suited, risks require more sophisticated approaches that capture both network strategic interactions. In context policies, issues interdependence arise risks; valuation needs extended include complex methods, such as concepts risk-neutral (set-valued) monetary risk measures.
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ژورنال
عنوان ژورنال: European Actuarial Journal
سال: 2023
ISSN: ['2190-9733', '2190-9741']
DOI: https://doi.org/10.1007/s13385-023-00341-9