The Impact of Risk Management on the Performance of Insurance Companies

Risk Management Like other fields of knowledge management and its application utilize specific knowledge, instructions, regulations and principles to achieve predefined predictions and objectives. Risk management has developed principles and procedures that individuals, enterprises (commercial and industrial), insurance companies and governments can use to perform the foresight task of assessing, controlling and financing losses based on the systematic risk management approach. To this end, it is always working to answer two fundamental questions about the likely future consequences of the risk management criteria, securing organizations and investments against risks and losses requires the formation of an intellectual and practical system that integrates risk-based policymaking. The study show  that insurance companies with great risk management have better return on equity and better performance in other key business factors in comparison with competitors who do not provide good importance to risk management

Investigation of Operational Risk Management in the Insurance Industry

This article investigates the current practice of operational risk management in the insurance industry. Insurance companies face several risks that need to be managed but their key competencies and main contribution to society is to accept the risks assumed by companies and people, hence the strategic significance for people and governments that insurers protect their incomes and assets. Operational risk is nothing new in insurance industry, because of regulatory necessities; companies have initiated computation of risk capital for their operational losses. The important loss to the market values of both the insurers and the insurance industry caused by operational losses must provide an inducement for operational risk management in the insurance industry. Since operational risk management in the insurance industry is still in a stage of development a relatively new concept. The study can assist insurers with founding formal operational risk management processes and programs within their companies

Show, don't tell: Non-verbal eyewitness testimony based on non-artistic face sketches

Ph.DDOCTOR OF PHILOSOPH

A sub-threshold differential cmos schmitt trigger with adjustable hysteresis based on body bias technique

This paper presents a sub-threshold differential CMOS Schmitt trigger with tunable hysteresis, which can be used to enhance the noise immunity of low-power electronic systems. By exploiting the body bias technique to the positive feedback transistors, the hysteresis of the proposed Schmitt trigger is generated, and it can be adjusted by the applied bias voltage to the bulk terminal of the utilized PMOS transistors. The principle of operation and the main formulas of the proposed circuit are discussed. The circuit is designed in a 0.18-μm standard CMOS process with a 0.6 V power supply. Post-layout simulation results show that the hysteresis width of the Schmitt trigger can be adjusted from 45.5 mV to 162 mV where the ratio of the hysteresis width variation to supply voltage is 19.4%. This circuit consumes 10.52 × 7.91 μm2 of silicon area, and its power consumption is only 1.38 μW, which makes it a suitable candidate for low-power applications such as portable electronic, biomedical, and bio-implantable systems