Gatzert, Nadine; Özdil, Onur - In: European Actuarial Journal 14 (2023) 1, pp. 1-19
The aim of this paper is to examine the impact of dependencies between climate transition and physical risks on the default probability and profitability of a non-life insurer focusing on the scenario of a delayed and sudden transition. Toward this end, we suggest a simplified modeling approach...
