Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22602
Authors: 
Krämer, Walter
Schich, Sebastian T.
Year of Publication: 
2005
Series/Report no.: 
Technical Report / Universität Dortmund, SFB 475 Komplexitätsreduktion in Multivariaten Datenstrukturen 2005,11
Abstract: 
We investigate the effect of the 20 largest – in terms of insured losses – man-made or natural disasters on the insurance industry. We show via an event study that insurance markets worldwide are quite resilient to unexpected losses to capital and are even outperforming the general market subsequent to great disasters.
Subjects: 
disaster
insurance industry
event-study
Document Type: 
Working Paper

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