Modelling of Insured Losses of Natural Catastrophes Using Block Maxima Model
Catastrophic events have a huge impact on society as a whole. Insurance, or reinsurance is one way of reducing the economic consequences of catastrophic events. By Sigma Swiss Re criteria the event can be noted as a catastrophe when the economic losses, insured claims or casualties associated with a...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2019-01-01
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Series: | ITM Web of Conferences |
Online Access: | https://www.itm-conferences.org/articles/itmconf/pdf/2019/01/itmconf_amcse18_02001.pdf |