Mr. JONES: They're going to have to find a way to roll in their risk calculations without getting caught up in minutiae.
Banks want to refund only those mortgages that defaulted, while insurers say the entire pool was tainted by shoddy underwriting practices that made their risk calculations flawed.
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What this decree of the Affordable Care Act will do, and is designed to do, is completely distort the entire insurance industry by rendering painstaking risk calculations irrelevant.
Half the risk managers want market risk calculations for new deals in under 10 seconds, but only 20 percent can accomplish tha, t while 40 percent can only run new deal calculations overnight.
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Like other states, Florida's medical malpractice reform has changed the ultimate risk calculations for many business defendants by increasing the likelihood that higher courts will reverse disproportionately large jury awards and other seemingly wacky court decisions on appeal.
In Wednesday's study, patients who already had cancer diagnoses or who developed cancer within two years of a CT scan were excluded, to decrease the likelihood that risk calculations would be inflated by patients who would have developed cancer without getting a CT scan.
Risk analytics, in particular, can support more precise calculations of risk exposure to support growth.
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That increased volatility needs to feature in executives' and risk managers' calculations.
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With a condition like deep-vein thrombosis for example, hospital staff relies on manual calculations to assess the risk of a patient.
An international collaboration has been working on a global earthquake model to improve calculations internationally and how risk can be presented, according to Ms. Carney.
Does anyone in government service have their own money at risk based on the accuracy of their economic calculations?
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"Most investors who come to invest in Cuba have already come to terms with that risk and it's factored into their calculations, " says Mr Fakhre.
When it comes to Value at Risk (VaR) 52 percent are content with overnight calculations, which most firms can accomplish.
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And fine calculations about moral hazard are less pressing when investors are fleeing risk.
For instance, by some calculations, during the 1990s Americans who diversified into foreign shares have done less well in terms of risk-adjusted returns than those who, defying economic wisdom, invested only on Wall Street.
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