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Paul Embrechts is Emeritus Professor of Mathematics at ETH Zurich. He acts as the ETH Risk Center's Ambassador. Professor Embrecht's research has been published in leading academic journals worldwide, and he is a regular speaker at international conferences on quantitative risk management aimed at academics and industry professionals. He serves on the editorial boards of several international journals and is a member of numerous international advisory panels.

Expertise

Professor Embrechts focuses on the quantitative and qualitative dimensions of risk. In particular, his work has been pivotal in creating a better understanding of extremal events for insurance and finance. Specific applications of his research include risk allocation, the modeling of interdependence between rare events, operational (including cyber) risk, and catastrophe insurance. He has written a book on the public understanding and communication of risk. The coronavirus pandemic clearly illustrates the importance of such a project, and this work should attract a broad readership.

Expertise Fields

  • Financial Markets
    • Financial Crises
    • Systemic Risk and Regulation
  • Portfolio Management and Asset Classes
    • Options and Other Derivatives
  • Financial Institutions
    • Banks
    • Insurance Companies
  • Corporate Finance and Governance
    • Corporate Governance and Managerial Compensation
    • Financial Risk and Risk Management
  • Frontier Topics
    • Big Data and Fintech
    • Operations Research and Decision Theory

Current Publications:

N°17-69: Asset-Liability Management for Long-Term Insurance Business

N°17-65: Quantile-based risk sharing with heterogeneous beliefs, P. Embrechts, H. Liu, T. Mao and R. Wang, 2017.

N°17-54: Quantile-based risk sharing, P. Embrechts, H. Liu and R. Wang, 2017.

N°17-44: Hawkes Graphs, P. Embrechts and M. Kirchner, 2017.

N°16-55: Old-Age Provision: Past, Present, Future

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