Discussion Post: Insurance & Risk Management
Read article "Value at risk: uses and abuses" and then write a brief summary of the article (about 1 page single spaced). In your summary write-up, focus on the four cases (P&G, Barings, Orange County, and Metallgesellshaft) and address the following: (i) Would VaR have helped in those cases and what are the VaR limitations? (ii) What are the key points of the article?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.