The existing catastrophe bond pricing models are all based on the standard finance theory.
现有的巨灾债券定价模型是基于标准金融理论建立的。
Catastrophe bond is the most active transacted and widely used product among the large number of catastrophic derivatives.
在众多的巨灾衍生产品中,交易最活跃使用最广泛的便是巨灾债券。
One of the earliest exotic assets was the catastrophe bond, the provision of back-up capital to insurance companies dealing with earthquakes or hurricanes.
“巨灾债券(catastrophe bond)”是最早的奇异资产(exotic assets)之一。 巨灾债券为保险公司赔付地震或飓风损失时提供资金支持。
But Francis Ghesquiere of the World Bank doubts that a country as poor as Haiti, with no experience on international bond markets, will start issuing catastrophe bonds.
然而,世界银行的盖斯奇埃尔(FrancisGhesquiere)怀疑,一个像海地一样穷的国家,在国际证券市场上也没有任何经验,究竟可不可以发行这样的灾难债券呢?
When the world's third-largest bond market begins to buckle, catastrophe looms.
全球第三大债券市场不堪重负之时,也是祸乱若隐若现之日。
This paper deduces a model for pricing catastrophe risk bond based on the representative agent in the framework of incomplete market.
本文推导了一个不完全市场框架下的基于代表性代理模型基础上的巨灾风险债券定价模型。
There were reasonable fears that default could plunge Greece into chaos, precipitate bond crises in the euro zone and spark a European banking catastrophe.
债务违约使希腊陷入混乱的担忧是合理的。欧元区的债务危机会导致一场欧洲银行业的灾难。
It designs ocean CAT Bond of China in a creative way. And based on the real data about economic losses caused by ocean catastrophe, this part also simulates the statistical distributing model.
在这一部分中,对我国海洋灾害债券的发行模式提出设想,并结合海洋灾害损失的数据,拟合出我国海洋灾害损失额度和损失次数的统计分布。
It designs ocean CAT Bond of China in a creative way. And based on the real data about economic losses caused by ocean catastrophe, this part also simulates the statistical distributing model.
在这一部分中,对我国海洋灾害债券的发行模式提出设想,并结合海洋灾害损失的数据,拟合出我国海洋灾害损失额度和损失次数的统计分布。
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