Sentence examples for collective risk from inspiring English sources

Nigel Stanley, head of campaigns at the Trades Union Congress, said: "Transferring out of a defined benefit pension is almost always a bad idea for the individual and, if many leave a scheme, it makes it much harder to run as it undermines the collective risk sharing that underpins a proper pension.

Large scale rainfall models are needed for collective risk estimation in flood insurance, infrastructure networks and water resource management applications.

This distribution was applied to model the collective risk model when both number of claims and size of a single claim are included in the model.

Furthermore, as collective risk taking requires legitimization it is also politically prudent to integrate stakeholders in the decision-making process (Renn and Schweizer 2009).

For example, Hernández-Bastida and Fernández-Sánchez (2012) applied a Sarmanov Lee family to the Bayes premium in a collective risk model.

Taking these as an input and using the concepts of collective risk modeling theory, we also compute the premium that a cyber risk insurer can charge to indemnify cyber losses.

Social Security, Medicare, insurance — these are basically collective risk-sharing mechanisms.

He spoke of the dying out of improvisatory playing, by which he meant collective risk-taking, a sense of music unfolding in the here and now.

For those families, financial problems have escalated, and they may pose some collective risks to the economy.

Aside from its merits in illuminating our understanding of the collective risks involved, it enables us to evaluate whether conventional deterministic analysis works sufficiently well in guiding us.

Future research might use measures of perceptions of more global, collective risks in addition to local, individual risks to further test variations in scale associated with mitigation.