Prettenthaler, Franz; Albrecher, Hansjörg; Köberl, Judith - In: The Geneva Papers on Risk and Insurance - Issues and … 37 (2012) 2, pp. 340-364
This paper develops a stochastic model to assess storm risk in Austria, which relates wind speed and actual losses. By virtue of a building-stock-value-weighted wind index, we use suitably normalised historical loss data of residential buildings over 12 years and corresponding wind speed data to...