A rational approach to pricing of catast
✍
Weimin Dong; Haresh Shah; Felix Wong
📂
Article
📅
1996
🏛
Springer
🌐
English
⚖ 828 KB
A methodology for rational pricing of catastrophe insurance is described. The methodology has two components: a solvency-and stability-based pricing framework, and an engine to quantify the loss variability that drives solvency and stability. Generalization to account for contagious effects of catas