Summary of insurance and risk management reading

Read article “Value at risk: uses and abuses”  and then write a brief summary of the article (about 1 page single spaced). In your summary write-up, focus on the four cases (P&G, Barings, Orange County, and Metallgesellshaft), and address the following: 1) Would VaR have helped in those cases and what are the VaR limitations? 2) What are the key points of the article?

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