The impact of hurricanes on a property portfolio: an empirical study based on loss data in Portugal
Guardado en:
| Publicado en: | Managerial Finance vol. 50, no. 3 (2024), p. 634-652 |
|---|---|
| Autor principal: | |
| Otros Autores: | , , , , |
| Publicado: |
Emerald Group Publishing Limited
|
| Materias: | |
| Acceso en línea: | Citation/Abstract Full Text Full Text - PDF |
| Etiquetas: |
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
MARC
| LEADER | 00000nab a2200000uu 4500 | ||
|---|---|---|---|
| 001 | 2931055621 | ||
| 003 | UK-CbPIL | ||
| 022 | |a 0307-4358 | ||
| 022 | |a 1758-7743 | ||
| 024 | 7 | |a 10.1108/MF-03-2023-0163 |2 doi | |
| 035 | |a 2931055621 | ||
| 045 | 2 | |b d20240301 |b d20240331 | |
| 084 | |a 14828 |2 nlm | ||
| 100 | 1 | |a Hauser, Andrea |u Fidelidade Companhia de Seguros SA, Lisbon, Portugal | |
| 245 | 1 | |a The impact of hurricanes on a property portfolio: an empirical study based on loss data in Portugal | |
| 260 | |b Emerald Group Publishing Limited |c 2024 | ||
| 513 | |a Journal Article | ||
| 520 | 3 | |a PurposeThe simulated scenarios can be used to compute risk premiums per risk class in the portfolio. These can then be used to adjust the policy premiums by accounting for storm risk.Design/methodology/approachA complete model to analyse and characterise future losses of the property portfolio of an insurance company due to hurricanes is proposed. The model is calibrated by using the loss data of the Fidelidade insurance company property portfolio resulting from Hurricane Leslie, which hit the centre of continental Portugal in October, 2018.FindingsSeveral scenarios are simulated and risk maps are constructed. The risk map of the company depends on its portfolio, especially its exposure, and provides a Hurricane risk management tool for the insurance company.Originality/valueA statistical model is considered, in which weather data is not required. The authors reconstruct the behaviour of storms through the registered claims and respective losses. | |
| 610 | 4 | |a Fidelidade - Companhia de Seguros SA | |
| 651 | 4 | |a Portugal | |
| 653 | |a Hurricanes | ||
| 653 | |a Insurance companies | ||
| 653 | |a Costs | ||
| 653 | |a Cyclones | ||
| 653 | |a Storm damage | ||
| 653 | |a Climate change | ||
| 653 | |a Insurance industry | ||
| 653 | |a Risk premiums | ||
| 653 | |a Property & casualty insurance | ||
| 653 | |a Councils | ||
| 653 | |a Variables | ||
| 700 | 1 | |a Rosa, Carlos |u Fidelidade Companhia de Seguros SA, Lisbon, Portugal | |
| 700 | 1 | |a Esteves, Rui |u Fidelidade Companhia de Seguros SA, Lisbon, Portugal | |
| 700 | 1 | |a Bugalho, Lourdes |u IPMA, Lisbon, Portugal | |
| 700 | 1 | |a Moura, Alexandra |u CEMAPRE and ISEG Lisbon School of Economics and Management, Lisbon, Portugal | |
| 700 | 1 | |a Oliveira, Carlos |u Department of Mathematics, Instituto Superior de Economia e Gestão, Universidade de Lisboa, Lisbon, Portugal; Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway | |
| 773 | 0 | |t Managerial Finance |g vol. 50, no. 3 (2024), p. 634-652 | |
| 786 | 0 | |d ProQuest |t ABI/INFORM Global | |
| 856 | 4 | 1 | |3 Citation/Abstract |u https://www.proquest.com/docview/2931055621/abstract/embedded/75I98GEZK8WCJMPQ?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text |u https://www.proquest.com/docview/2931055621/fulltext/embedded/75I98GEZK8WCJMPQ?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text - PDF |u https://www.proquest.com/docview/2931055621/fulltextPDF/embedded/75I98GEZK8WCJMPQ?source=fedsrch |