Fares, Abdel-Raheem F.; Abou-Bakr, Eid Ahmad - In: Review of Economics & Finance 2 (2012) August, pp. 95-105
Natural catastrophes increased over time in numbers and in economic losses. This trend is expected to continue. Reinsurers operating in high risk areas attempted to transfer part of their huge losses to the financial markets or to less risky areas domestically or internationally, including Arab...