Financial Innovations for Catastrophic Risk: Cat Bonds and Beyond docx

... 2006 2007* THE FINANCIAL INNOVATIONS LAB Financial innovation can address the funding challenges for catastrophic risk management and help identify ways in which catastrophe bonds and related risk-linked ... and return from a slice of the insurer’s book of business. Issues & Perspective V o l u m e 5 April 2008 Financial Innovations Lab Report Financial Innovat...

Ngày tải lên: 06/03/2014, 08:20

... MARKET AND RECENT DEVELOPMENTS J. David Cummins A BSTRACT This article reviews the current status of the market for catastrophic risk (CAT) bonds and other risk-linked securities. CAT bonds and ... be formed quickly and with minimal documentation and administrative costs. 4 Catastrophic Equity Puts (Cat- E-Puts) Another capital market solution to the catastrophic loss...

Ngày tải lên: 06/03/2014, 04:20

... 202-458-8955 www.worldbank.org FINANCIAL SOLUTIONS for Catastrophe Risk Management World Bank Group Catastrophe risk nancing is an important element of the strategic framework for disaster risk management advocated ... in 16 Caribbean countries. A similar initiative for the Pacic Island countries is in preparation. Catastrophe Bonds. Cat bonds to transfer risk to investor...

Ngày tải lên: 22/03/2014, 21:20

... Models for the Physical Layer and for User Traffic Generation 221 5.1 How to Account for the Physical Layer? 221 5.1.1 What to Account For and How? 221 5.1.2 Using Approximations for Error Performance ... initially designed for the transfer of packetised information pertaining to one of two different information categories, namely periodic and random information. Peri- odic i...

Ngày tải lên: 02/03/2013, 16:59

... understand the assessments for ELLs and their link to ELP standards and content area classrooms. Furthermore, for those administrators directly responsible for educational programs for ELLs, such as ... for understanding the standards, articulating what academic English means, and as a starting point for collaboration among the educators of ELLs, particular English lang...

Ngày tải lên: 24/02/2014, 18:20

... ASP.NET and WinForms to Silverlight and WPF by embracing the new tools in the Silverlight and WPF platforms, and the new design style that they allow for. This book will get you up to speed and ... MVVM and Application Performance, explains some features of XAML frameworks targeting for better application performance. Appendix A, MVVM Frameworks, outlines the basic features...

Ngày tải lên: 06/03/2014, 03:20

... Lena Horne and Eartha Kitt, and a long and enjoyable stint with Sesame Street Live. He started out dancing as Cookie Monster but eventually took over as performance director and traveled ... people take this route and do just fine, others end up settling for second best. They miss out on a meaningful education, satisfying work, and the rewards of a focused and well-plann...

Ngày tải lên: 16/03/2014, 07:20

... and 2b for Trials 1 and 2) for spring water, under (3a and 3b for Trials 1 and 2) for tap water, and under (4a and 4b for Trials 1 and 2) for brackish water. 6. Calculate the amount of NH 4 SCN ... steps nos. 2 and 3 also with duplicate samples of (c) brackish water. For brackish water use a 25-mL volumetric pipet. Record the meniscus readings under (2a and 2b...

Ngày tải lên: 23/03/2014, 00:20

... goal is straightforward: we want to go beyond measuring ASLs and beyond cataloging actor versus camera movements within them. Indeed, we want to index how much combined motion and movement is ... well, and in many films that we analyzed. To avoid this problem, we compared frames separated by one other frame. Thus, we contrasted Frames 1 and 3, 2 and 4, 3 and 5, . . . 136431 a...

Ngày tải lên: 19/02/2014, 14:20

... quality for regulatory capital reduction, as in Europe. 19 Innovations in Credit Risk Transfer: Implications for Financial Stability 1 Darrell Duffie Stanford University Draft: July 2, 2007 Banks and ... about 38% for a private-firm borrower, about 35% for a public but unrated borrower, and about 20% for a public and rated borrower, as illustrated in Figure 10. The fraction r...

Ngày tải lên: 22/03/2014, 20:20