Designing Natural Catastrophic Insurance Schemes under Constraints of Insurers' Sustainability

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Bibliographic Information

Other Title
  • 存続可能性を制約条件とした自然災害保険システムの設計方法に関する研究

Abstract

The law of large number does not work well for catastrophic risks hie great earthquake. Insurance companies which provide insurance based on accuracy fair insurance may face high possibility of insolvency. Therefore, there is a need to share risk to every different area which makes insurance structure contain too much dimensions which can not be solved by ordinary mathematical programming methods. This paper shows the way how to create a hybrid design model which consists of earthquake damage simulation and stochastic optimization calculation to solve the above problem. A numerical experiment illustrates its applicability for real world problem by designing earthquake insurance structure of the pilot area.

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Details 詳細情報について

  • CRID
    1390001204635628672
  • NII Article ID
    130004039210
  • DOI
    10.2208/journalip.20.323
  • ISSN
    18848303
    09134034
  • Data Source
    • JaLC
    • Crossref
    • CiNii Articles
  • Abstract License Flag
    Disallowed

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