Research on the Innovation of Catastrophe Options in China
There is no doubt that catastrophe security has become one of the most effective tools to disperse catastrophe risks, especially when the frequent occurrence of catastrophe put great pressure on insurance industry in recent years. After analyzing the domestic catastrophe insurance situation, this article advances a kind of CAT-bond option in response to the currently existing defects, including a brief calculation of the related variables, which provides a kind of hedging mechanism for catastrophe bonds investment.
catastrophe securities risk management CAT-bond call option
Han Liyan Liu Shuo
Affiliation (School of Economics and management, Beihang University)
国际会议
The 1st International Conference on Risk Analysis and Crisis Response(首届风险分析与危机反应国际学术研讨会)
上海
英文
473-478
2007-09-25（万方平台首次上网日期，不代表论文的发表时间）