Financial Hedging the Risk of Hurricanes

Cui, Yuepeng; Ewing, Bradley; Liang, Daan
June 2016
Journal of Business Valuation & Economic Loss Analysis;Jun2016, Vol. 11 Issue 1, p37
Academic Journal
Each year, hurricanes cause massive amounts of damage around the world. The losses caused by hurricane exceed insurance company's capacity. This paper focused on analyzing the current financial product in the market which could help transfer the hurricane risk. At the last, the author proposed to develop Hurricane Resiliency Index, it could serve as a key basis to measure the capacity of a community to withstand, respond to, and recover from hurricanes.


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