Title: The effect of global warming in catastrophic risk caracterization
Authors: Isabel Serra - Centre de Recerca Matematica (Spain) [presenting]
Abstract: Catastrophic risk is the risk of a large loss by reason of the occurrence of a peril, for instance, the case of the losses for hurricanes, it could result in loss of life, destruction of infrastructure on a large scale. Models for improving adjustments of the destructive power of hurricanes are needed. We analize this models a long the time and show the effect of the global warming. Consequently, we show the effect of global warming in CAT bond pricing for the hurricanes produced in the North Atlantic.