Essays about: "Fire Severity Rating"

Found 2 essays containing the words Fire Severity Rating.

  1. 1. Pricing and Modeling Heavy Tailed Reinsurance Treaties - A Pricing Application to Risk XL Contracts

    University essay from KTH/Matematisk statistik

    Author : Ormia Abdullah Mohamad; Anna Westin; [2023]
    Keywords : Reinsurance; Extreme Value Theory; POT-model; Hill estimator; Risk XL contracts; Generalized Pareto distribution; Method of Moments.; Återförsäkring; Extremevärdesteori; POT-modellen; Hill estimatorn; Risk XL kontrakt; generella Paretofördelningen; Momentmetoden.;

    Abstract : To estimate the risk of a loss occurring for insurance takers is a difficult task in the insurance industry. It is an even more difficult task to price the risk for reinsurance companies which insures the primary insurers. READ MORE

  2. 2. In the Line of Fire: A Study of Market Efficiency in the Context of Wildfires and Stock Market Reactions

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Isak Kristoffersson; Markus Lind; [2023]
    Keywords : Climate Disaster Events; Wildfires; Fire Weather Index; Fire Severity Rating; Efficient Market Hypothesis;

    Abstract : Climate research finds that climate change and raising global temperatures increase the risk and severity of wildfires. However, the impact varies substantially based on geographical location and causes a dispersion in wildfire trends. READ MORE