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Paperback The Challenges of Catastrophe Risk Management: Empirical Analyses in the CAT Bond Market Book

ISBN: 3736973780

ISBN13: 9783736973787

The Challenges of Catastrophe Risk Management: Empirical Analyses in the CAT Bond Market

Due to the increasing relevance of natural catastrophes as a significant global source of risk and the capacity constraints in primary insurance and reinsurance markets, CAT bonds have become an important instrument to manage catastrophe risks by transferring them to the capital market. In three empirical studies, this dissertation examines the challenges related to catastrophe risk management with CAT bonds. First, the factors that influence the...

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