Construct · 1 fields · 1 citations

catastrophe reinsurance pricing puzzle: a standalone construct

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Insurance economics

observation that catastrophe reinsurance prices far exceed expected losses and that coverage is limited, especially for large events.

In insurance economics, catastrophe reinsurance pricing puzzle refers to observation that catastrophe reinsurance prices far exceed expected losses and that coverage is limited, especially for large events. This meaning comes from Froot (2001) in Journal of Financial Economics.[1]

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Nearby constructs

coverage3 fields · 3 citationsjingle · one word, three constructs observation2 fields · 2 citationsjingle · one word, two constructs

References

Froot, K. A. (2001). The market for catastrophe risk: a clinical examination. Journal of Financial Economics, 60(2-3), 529-571. https://doi.org/10.1016/s0304-405x(01)00052-6

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