Notice of RetractionThe Research on Problem of Flood Insurance Pricing Based on the DFA in P. R. China

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Flood insurance is a kind of catastrophe. It has a feature of high loss severity and low loss frequency. For lack of large quantity relative loss data, it is difficult to pricing flood insurance accurately. The Purpose of this paper wants to make dynamic financial analysis models (DFA) application to China´s flood insurance pricing directly, to solve the problem of China´s flood insurance pricing, main conclusions are as follows: (1) The effect of DFA model for flood insurance pricing is very good; (2) In order to maintain the normal operations plan, Government must provide large number of flood insurance premium subsidies; (3) Reinsurance arrangements is an important component of flood insurance plan, purchase reinsurance can greatly reduce the probability of bankruptcy.