Earthquake catastrophe bond pricing models (ECBPMs) employ extreme value theory (EVT)
to predict severe losses, although studies on EVT's use in ECBPMs are still rare. Therefore …

Climate change is worsening the severity and increasing the frequency of certain hazard
events, thus requiring more financing for disaster mitigation or climate change adaptation. A …

Flood risk has become a major concern in many regions due to socio-economic growth and
rising water levels. In this paper, we introduce a real options model that integrates the …

Earthquake contingency costs in traditional insurance cannot provide sufficient earthquake
funding for a country because they often differ significantly from actual losses. Over the last …

Frequent large losses from recent catastrophes have caused great concerns among
insurers/reinsurers, who then turn to seek mitigations of such catastrophe risks by issuing …

Traditional insurance's earthquake contingency costs are insufficient for earthquake funding
due to extreme differences from actual losses. The earthquake bond (EB) links insurance to …

Catastrophe (CAT) risk bonds provide a solid mechanism for direct transfer of the financial
consequences of extreme events (hazards) into the financial market. During the past two …

As catastrophic events become increasingly frequent, infrastructure systems face rising
challenges from the dynamic environment. Enhancing the resilience of the current …

The issuance of multiple-event catastrophe bonds (MECBs) has the potential to increase in
the next few years. This is due to the increasing trend in the frequency of global …

At present, insurance companies are seeking more adequate liquidity funds to cover the
insured property losses related to natural and manmade disasters. Past experience shows …