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Tekijä:Cummins, J. D.
Doherty, N.
Lo, A.
Otsikko:Can insurers pay for the "big one"? Measuring the capacity of the insurance market to respond to catastrophic losses
Lehti:Journal of Banking and Finance
2002 : MAR, VOL. 26:2-3, p. 557-583
Asiasana:Insurance
Reinsurance
Risk management
Securitization
Vapaa asiasana:Property-liability insurance
Capitalization
Kieli:eng
Tiivistelmä:The paper presents an analysis of the capacity of the US property-liability insurance industry to finance catastrophic property losses in the $100 billion range. Estimating capacity using insurer financial statement data, the authors find that the industry could adequately fund a $100 billion event.
SCIMA tietueen numero: 246611
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