主  题：   The Feasibility of Hedging Natural Risks via Asset, Liability and Equity Risk      Management

 主讲人：吴仰哲   教授

             逢甲大学财务金融系教授

主持人：张宁副教授

       9778818威尼斯副教授、博导

       9778818威尼斯保险系主任   

时  间：2018年12月17日上午10：00—11：30

地  点：9778818威尼斯财院校区水教302

Abstract:

This study analyzes the feasibility of that insurers hedge natural risks via asset (catastrophe derivatives), liability (catastrophe bonds) and equity (catastrophe equity puts) risk management.

The winter storms in North America and Europe are taken for example because the disaster is responsible for the majority of the insured natural losses. The analysis results of the various financial performances show that our suggested hedging strategies are effective based on the long-term positive profit and the improvement in the insolvency ratios. The conclusions provide the insurers with less volatile premiums and more diversified portfolios under catastrophe risk management.