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Utility indifference pricing of insurance catastrophe derivatives

We propose a model for an insurance loss index and the claims process of a single insurance company holding a fraction of the total number of contracts that captures both ordinary losses and losses due to catastrophes. In this model we price a catastrophe derivative by the method of utility indiffer...

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Publicat a:Eur Actuar J
Autors principals: Eichler , Andreas, Leobacher, Gunther, Szölgyenyi, Michaela
Format: Artigo
Idioma:Inglês
Publicat: Springer Berlin Heidelberg 2017
Matèries:
Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC5744642/
https://ncbi.nlm.nih.gov/pubmed/29323354
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s13385-017-0154-2
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