2026-04-13T02:50:35Zhttps://recercat.cat/oai/request

oai:recercat.cat:10230/4402025-12-23T02:15:17Zcom_2072_6col_2072_452953

00925njm 22002777a 4500 dc Penalva, José S. author 2017-07-26T12:07:59Z 2017-07-26T12:07:59Z 2001-01-01 2017-07-23T02:05:57Z The 1994 Northridge earthquake sent ripples to insurance conpanies everywhere. This was one in a series of natural disasters such as Hurricane Andrew which together with the problems in Lloyd's of London have insurance companies running for cover. This paper presents a calibration of the U.S. economy in a model with financial markets for insurance derivatives that suggests the U.S. economy can deal with the damage of natural catastrophe far better than one might think. catastrophe bonds eartquake insurance calibration survival analysis Finance and Accounting Insuring California earthquakes and the role for catastrophe bonds