Exchange Currency

insurance derivative

Instrument deriving its value from an underlying insurance index. Insurance companies use these derivatives when they are hedging their exposure to large losses that are due to catastrophic and costly events like hurricanes or earthquakes.

Related information about insurance derivative:
  1. Insurance Derivative Definition | Investopedia
    A financial instrument that derives its value from an underlying insurance index or the characteristics of an event related to insurance. Insurance derivatives are ...
     
  2. Derivative (finance) - Wikipedia, the free encyclopedia
    A derivative is a financial instrument whose value is based on one or more underlying assets. In practice, it is a contract between two parties that specifies ...
     
  3. What is insurance derivative? definition and meaning
    Definition of insurance derivative: Instrument deriving its value from an underlying insurance index. Insurance companies use these derivatives when they are ...
     
  4. Insurance Derivatives - Business Finance - Resources for ...
    Insurance derivatives are traded on an open market and are not required to serve as indemnity products— the purchaser of an insurance derivative contract is ...
     
  5. Basis Risk with PCS Catastrophe Insurance Derivative Contracts
    CiteSeerX - Document Details (Isaac Councill, Lee Giles, ...
     
  6. Basis Risk with Catastrophe Insurance Derivative Contracts - CiteSeer
    this paper is to examine the basis risk of catastrophe insurance derivative contracts. The first insurance derivative contracts -- introduced by the CBOT in ...
     
  7. Basis Risk with PCS Catastrophe Insurance Derivative ... - JStor
    catastrophe insurance derivative contracts. The first insurance derivative contracts, introduced by the CBOT in. December 1992, were futures contracts based on ...
     
  8. Pricing Catastrophe Insurance Derivatives - The Huebner ...
    completeness of the insurance derivative market. An Asian options ... however, is the indeterminacy of price processes since the insurance derivative market is ...