Showing 1 - 10 of 35,695
, there is uncertainty about the determination of the CAT bond premium. In addition, it is not apparent how CAT bonds react … after the financial crisis or a natural catastrophe. We empirically verify which factors determine the CAT bond premium and … that the recent financial crisis has a significant impact on CAT bond premiums. Furthermore, we find that after hurricane …
Persistent link: https://www.econbiz.de/10009615124
Persistent link: https://www.econbiz.de/10012202051
Persistent link: https://www.econbiz.de/10014227513
A principal reason that losses from catastrophic risks have been increasing over time is that more individuals and firms are locating in harm's way while not taking appropriate protective measures. Several behavioural biases lead decision-makers not to invest in adaptation measures until after...
Persistent link: https://www.econbiz.de/10013104996
A principal reason that losses from catastrophic risks have been increasing over time is that more individuals and firms are locating in harm's way while not taking appropriate protective measures. Several behavioural biases lead decision-makers not to invest in adaptation measures until after...
Persistent link: https://www.econbiz.de/10013107136
insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences …
Persistent link: https://www.econbiz.de/10009729214
We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for abatement activities, implying substantial policy...
Persistent link: https://www.econbiz.de/10010356093
Persistent link: https://www.econbiz.de/10010459677
Persistent link: https://www.econbiz.de/10003493230