Title :
Notice of Retraction
The securitization of catastrophe insurance and its application to earthquake insurance in China
Author :
Xu Feng ; Zhao Long
Author_Institution :
Sch. of Econ. & Commerce, South China Univ. of Technol., Guangzhou, China
Abstract :
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.
The paper analyzed the principle of securitization of catastrophe insurance and studied the implementation details of the securitization process though the case study of securitization of Sichuan earthquake insurance. It is concluded that Catastrophe Insurance Securitization can be an effective instrument for insurance companies to diversify the catastrophic risk to the financial market. Meanwhile it also provides a new instrument to public investors.
Keywords :
earthquakes; insurance; investment; risk management; China; Sichuan earthquake insurance; catastrophe insurance securitization; catastrophic risk iversification; financial market; insurance companies; public investor; Companies; Earthquakes; Government; Instruments; Insurance; Investments; Security; Catastrophic Risk; Earthquake Insurance; Securitization;
Conference_Titel :
Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4244-6927-7
DOI :
10.1109/ICIFE.2010.5609375
