Challenges in Insurance Industry

How is possible to manage many numerous risks, in order to achieve human as well as environmental wellbeing, and to form modern insurance industry? This issue is very modern and it requires rational answers. Also, this is field of scientific research. Research results are commonly used by law regulative as row model for the profession and practice. Is mentioned line we can identify challenges in insurance sector. What are the characteristics of these challenges in developed and developing countries? What is the behavior of countries that are liders and those that are not? What are financial components, and what are social and personal effects of the modern insurance industry development? Insurance sector always has its own clear mission: to achieve as high as possible level of spiritual and material safety of the person insured. The vision should be achieving as high as possible level of spiritual and material safety of the person insured in real environment. Mission and vision of the insurance continuously transformed industry from everyday human activity to modern industry. This trend can not be stopped, because we are able to identify more and more risks every day and their identification, processing and management is more challenging. Two components are very important: financial and social. Developed countries formed the insurance industry as powerful and respectful sector that is important part of financial market. Its users are hundreds of millions of citizens and companies. Financial effects of life insurance are much higher that those of non-life. Developing countries has no alternative than to follow, as quickly as they can, the developed countries path. That should make easier building own insurance industry. Globalization, controlled liberalization and all migration movements are additional and unavoidable factors that support insurance challenges. What is the suggestion for small, not enough developed countries as Bosnia and Herzegovina or all countries of ex-Yugoslavia? Basic scientific truths in this field are continuous: probability theory and great numbers law, actuarial calculus based on relevant empiric research. Insurance challenges start with actuarial calculus and data needed. That follows portfolio formulation and investment of temporarily available funds. That means participation of insurance companies at financial markets as financial intermediates. How these challenges are present and how is possible to manage them in insurance sector of developed and developing countries as Bosnia and Herzegovina?insurance, risks, developed countries, developing countries

Modelling the evolution of cerebral aneurysms: biomechanics, mechanobiology and multiscale modelling

Intracranial aneurysms (IAs) are abnormal dilatations of the cerebral vasculature. Computational modelling may shed light on the aetiology of the disease and lead to improved criteria to assist diagnostic decisions. We briefly review models of aneurysm evolution to date and present a novel fluid-solid-growth (FSG) framework for patient-specific modelling of IA evolution. We illustrate its application to 4 clinical cases depicting an IA. The section of arterial geometry containing the IA is removed and replaced with a cylindrical section: this represents an idealised section of healthy artery upon which IA evolution is simulated. The utilisation of patient-specific geometries enables G&R to be explicitly linked to physiologically realistic spatial distributions and magnitudes of haemodynamic stimuli. In this study, we investigate the hypothesis that elastin degradation is driven by locally low wall shear stress (WSS). In 3 out of 4 cases, the evolved model IA geometry is qualitatively similar to the corresponding in vivo IA geometry. This suggests some tentative support for the hypothesis that low WSS plays a role in the mechanobiology of IA evolution

A Comparative Study of Instructional Perspectives among Learning and Development Practitioners

The instructional perspectives of learning and development practitioners have a critical impact on their learners. This study aimed to determine if a relationship existed between years of experience of a learning and development practitioner and how they score on the seven factors of Henschke’s (1989) Modified Instructional Perspectives Inventory (MIPI). The MIPI consisted of seven factors: 1) Teacher Empathy with Learners, 2) Teacher Trust of Learners, 3) Planning and Delivery of Instruction, 4) Accommodating Learner Uniqueness, 5) Teacher Insensitivity Toward Learners, 6) Learner-centered Learning Process (Experience-based Learning Techniques), and 7) Teacher-centered Learning Process. The MIPI is a revised version of Henschke\u27s (1989) original Instructional Perspectives Inventory (IPI) (Stanton, 2005, p. 115). Learning and development practitioners were categorized as either novices or experts. The sample included 16 novice and 22 expert learning and development practitioners. Both groups completed a demographics survey, Henschke’s MIPI (1989), and follow up interviews were conducted to allow participants to further elaborate on their responses. A quantitative analysis was conducted using t-tests to determine the means of both novice and expert learning and development practitioners. To identify themes, the researcher conducted values coding on the qualitative feedback. Results revealed no statistical significance among both groups of learning and development practitioners and their scores on the seven factors of Henschke’s (1989) MIPI. The study found both novice and expert learning and development practitioners shared similar beliefs, feelings, and behaviors about their roles. Similarly, there was congruence among sources of exposure to adult learning theories, teaching methods, and/or instructional strategies for both groups. Recommendations for future research include broadening the demographic sample, adding additional measures as part of the study, and examining the implications the Coronavirus Disease 2019 (COVID-19) had on learning and development practitioner’s beliefs, feelings, and behaviors about their roles

Rethinking Childhood Subjectivity: The Psycho-Politics of Socialization, Private-Language Formation, and the Case of Bosnian Youth

Under the guise of socialization, the child-subject born into the modern society is subjugated by a familial childhood trauma that appropriates the infantile psychosis caused by the incommunicability of early childhood. This appropriation, put to instrumental ends, results in a psychology of commodified object relations. In fact, there is a close relationship between the historical narrative of a culture and the trauma to which children are subjected as they become members of the social organization. The psycho-politics of the human condition are thus revealed in the realm of the progressive political discourse under which socialization occurs. This project concerns the psycho-political reading of trauma and socialization of children amidst the radical social transition in Bosnia and Herzegovina during the 1990s. The psycho-social situation of the youth raises questions about the social construction of identity, political subjectivity and the possibility of a democratic polity. I experiment with new concepts of political psychology to understand the relationship between the historical society and its infant citizens. Furthermore, I imagine ways of reconstituting theories of war trauma and memory to rediscover a democratic empowerment through a social education that pushes the notion of empowerment beyond its present scope

Compressing Massive Sequencing Data with Multiple Attribute Tree

The significant drop in DNA Sequencing costs caused by Next-Generation Sequencing has led to the production of massive amounts of raw sequencing data. This data is stored in FASTQ files, which are text files containing a large number of reads, each composed of a short DNA sequence and its associated identifier and quality score. The DNA sequence is a string of fixed length over the alphabet Σ = {A, C, T, G, N}, the identifier is an arbitrary string that is sequencer-dependent, and the quality score is a string of the same length as the DNA sequence, indicating for each base how confident the sequencer was when determining it. These files can range from a few gigabytes to hundreds of gigabytes, which poses a Big Data challenge, as the growth of generated sequencing data now exceeds the decrease of storage hardware price. Therefore, storing and transmitting such data requires more performant compression algorithms than general purpose compressors such as gzip, the de facto standard. Many different specialized compressors have been proposed to tackle this problem. In this thesis, we review currently existing compressors for FASTQ files and we propose a novel compression algorithm for DNA sequences, MATC, for Multiple Attribute Tree Compression. Our algorithm divides DNA sequences into k-mers, i.e., substrings of length k, and performs column-wise compression using a multiple attribute tree. In our case the multiple attribute tree is a complete tree where each node is a k-mer and each leaf represents the sequence formed by the concatenation of its parent k-mers. The tree is then stored using level-order traversal and k-mers are compressed using Huffman encoding. We show that our algorithm offers compression ratios comparable to the current specialized compressors. Moreover, we propose a distributed version of our algorithm, allowing the compression of larger files across a cluster of machines. This allows compression to be processed in the cloud, rather than on commodity hardware, which will become less and less suited to handle the growing size of generated sequencing data

Ja, Ben, I, Je: A Book Collection in Translation

Graduate winner: 2nd place, 2018, 31st Annual Carl Neureuther Student Book Collection Competitio

Stillborn: The Libidinal Economy of Gadgetized Mediation in the Era of Socialization for Consumption; An Explanatory Political Project

This project captures an attempt to politicize one aspect of Western middle class youth’s everyday experience growing up and living in postindustrial consumer society—the replacement of experiential, material, and libidinal gratification with that of ideological satisfaction. The dissertation takes up problematic adolescent gaming as a site to interrogate the ways and means of technologically-backed consumer socialization, and draw out the implications for subject-formation and possibility of self-determination. Developing new ways to conceptualize politics of youth, the project re-reads existing academic research on youth and gaming. Its main goal is to create a theoretical framework that can sustain an understanding of the importance of consumerizing gadget-mediated self-self cultivation across the dimensions of political economy and its strict materiality, psycho-sociality and its relational concreteness, and the realm of the mind in which ideology meets consciousness. Under the guise of critiquing the banality of gaming studies, the project excavates ideas from various critical theory, phenomenological and psychoanalytic traditions to raise political questions of social reproduction and clarify a concretely political path beyond the present circumstances. I am interested in exploring how it is that generation after generation young people born in the compromised consumption-rendered centers of global capital do not revolt against the seemingly repressive institutions shaping their lives. In this question, there is an intergenerational politics, a politics in which the question of youth and their otherness is crashed into the structuration of political economy and social reproduction within it. This is ultimately the theme of my inquiry. The present work is a study of gaming as a site where we should expect to see the manifestations of this kind of intersection, but instead what we see is a single-minded preference for celebrating the gaming industry and securing the ideologically soothing reproduction. I want to address the politics signaled by the changing role of play in advanced consumer economy, where in the site of gaming, through controlled bursts of traumatization and regularization, prediction of subjective experience is commodified into the global capitalistic circuits

Social work in Bosnia and Herzegovina

The article aims to provide a brief overview of the legacy of social welfare and social work within former Yugoslavia and how it was enacted and practised in Bosnia and Herzegovina (one of six states within it) as well as the key changes that followed during and after the 1992-1996 war in this country. The overview also highlights specific roles of both international organisations and local decision makers during and after the war and how it impacted both grassroots social work practice and the changing needs of people who use services – particularly the ever increasing experience of poverty and it’s various impacts. Within a complex and politicised governance structure, key issues for consideration of the future role for the profession are highlighted

Modeling and Dynamic Analysis of CO2-Emission Free Power Processes in Modelica using the CombiPlant Library

The need to reduce CO2 emissions from fossil-fuel based power production creates the need for new power plant solutions where the CO2 is captured and stored or reused. Different concepts to capture CO2 fall into the three main categories: 1. Precombustion decarbonization 2. Oxy-fuel combustion 3. Post-combustion removal of carbon. In the first two types of processes Oxygen Transport Membrane (OTM) is the key component, as pure oxygen is usually required to process reactions (e.g. Integrated Gasification Combined Cycle IGCC, Advanced Zero Emission Plant AZEP). Post-combustion removal processes can for example utilize adsorption/ desorption in certain salt solutions. This paper will describe two different applications of CO2- emission-free processes, one using an OTM, the other a high pressure post combustion removal process, the Sargas process, which has been modeled in a project with Siemens Industrial Turbomachinery AB and Alstom Power Sweden AB. All modeling work was carried out in the modeling language Modelica, which is an open standard for equation-based, object-oriented modeling of physical systems. System models have been built using the CombiPlant library, a modeling library for combined cycle power plants from Modelon AB