EL And UL

预期损失：Expected loss：

非预期损失：Unexpected loss：

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Risk management：

Old Treatment of Risk VS Stress Testing：

Risk management：move from a historical-statistical treatments of risk to scenario analysis and stress Testing！

极端情况下的情景测试和压力测试！！！

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A Risk Managerjob：(一个风险管理者！！！)

NO：control and reduce EL.

Measure the UL

Set sufficient capital to protect against potential UL.

Achieve appropriate return from the risky activities.

Clear communication.

UL高效的：对非预期风险的概率，控制，在极端情况下的准备金效率！