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 …

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 …

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 …

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 …

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

Catastrophic losses induced by natural disasters are receiving growing attention because of
the severe increases in their magnitude and frequency. We first investigated the extreme tail …

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 …

Investor interest in single-trigger catastrophe bonds (STCB) has the potential to decline in
the future. It is triggered by the increasing trend of global catastrophe loss and intensity …

The rapid development of catastrophe bonds provides a new idea for catastrophe risk
dispersion, since its traditional means fail to afford the economic losses caused by the global …