2026-04-13T04:06:03Zhttps://recercat.cat/oai/request

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

Insuring California earthquakes and the role for catastrophe bonds Penalva, José S. catastrophe bonds eartquake insurance calibration survival analysis Finance and Accounting 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. 2017-07-26T12:07:59Z 2017-07-26T12:07:59Z 2001-01-01 2017-07-23T02:05:57Z info:eu-repo/semantics/workingPaper Economics and Business Working Papers Series; 527 L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons http://creativecommons.org/licenses/by-nc-nd/3.0/es/ info:eu-repo/semantics/openAccess