PRMIA Related Exams
8010 Exam
Which loss event type is the failure to timely deliver collateral classified as under the Basel II framework?
Loss from a lawsuit from an employee due to physical harm caused while at work is categorized per Basel II as:
A risk analyst attempting to model the tail of a loss distribution using EVT divides the available dataset into blocks of data, and picks the maximum of each block as a data point to consider.
Which approach is the risk analyst using?