This chapter discusses the relationship between the market value of insurance company owners’ equity and various components that contribute to that value. The effect of firm insolvency risk on each component of value is discussed in turn. One natural consequence of this analysis is a conceptual framework for estimating the value of insurance liabilities.
“Bug bounty” demands: legal bane or information security boon?
A “bug bounty” request occurs when a self-described security researcher contacts a company, claiming to have discovered an information security vulnerability,...