Insurance-linked Securities and Parametric Loss Indexes Cover Image

Sekuritizácia poistných rizík a parametrické škodové indexy
Insurance-linked Securities and Parametric Loss Indexes

Author(s): Ľudovít Pinda
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: alternative risk transfer; risk insurance; risk retention groups; insurance-linked securities; parametric loss index

Summary/Abstract: The change of the climate on the Earth has impact on Slovakia as well. The ar-ticle gives offers the suggestion of ART in Slovakia. In the year 2004 there was a hurricane across the High Tatras and Slovakia was not prepared for the insurance of such a catastrophe. The article is aimed at the suggestion of introducing the parametrical index for the hurricane in Slovakia which would save as a basis for further financial products which would insure against this kind of risk.

  • Issue Year: 56/2008
  • Issue No: 10
  • Page Range: 1007-1018
  • Page Count: 12
  • Language: Slovak