the burden of socializing the risk of individual and business property losses instead of leaving these private actions … applicable to state‐created catastrophe risk financing entities. Case studies of three exposure‐prone states (Florida, Louisiana … and California) detail their catastrophic risk financing through the capital markets. This comparative analysis of …

This paper is an overview of how insurance instruments could be used in Indonesia to improve disaster risk finance (the …

The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation … of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over … the period 1970-2018, we show that individual risk is “likely” falling, that property risk is neither rising nor falling …

How does catastrophe-risk awareness affect selection patterns in catastrophe insurance markets? Catastrophe insurance … very different levels of risk, which could generate adverse selection problems. Yet there is also ample evidence that … people have low understanding and awareness of catastrophe risk, which could prevent people from exploiting their …

disaster risk resilience (DRR). This paper tries to emphasise the importance of DRR in dealing with natural catastrophesby …. It briefly talks about synergising risk reduction efforts with sustainable development goals through the Sendai Framework …

between catastrophe risk and the implied volatility smile of insurance stock options. We find that the slope is significantly …, suggesting a higher risk compensation for catastrophic events. We are able to link the insurance-specific tail risk component … derived from options with the risk spread from catastrophe bonds. Our results provide an accurate, high-frequency calculation …

tackling concerns about omitted risk factors. I analyze catastrophe bonds whose cash flows are linked to the occurrence of … aggregate wealth, this pricing result is inconsistent with any explanation based on macroeconomic risk factors. However, the … in capital markets. I also show that the premium on natural disaster risk has decreased significantly in recent years and …

and adverse selection. Index based risk transfer minimizes these obstacles by not fully insuring the risk. However, such … incompleteness generates basis risk, that is the risk that claims do not match losses. This paper analyzes the upside basis risk … (receiving a claim without a loss) and downside basis risk (having a loss but no claim) to determine a partial order ranking of …