期刊文献+
任意字段
题名或关键词
题名
关键词
文摘
作者
第一作者
机构
刊名
分类号
参考文献
作者简介
基金资助
栏目信息

“侧挂车”:巨灾风险管理的新工具 被引量：2

Sidecars:A New Vehicle for Catastrophe Risk Management
下载PDF
导出
摘要 "侧挂车"是一种由资本市场投资者注资成立的,通过部分担保的比例再保险合同为原发起公司提供额外承保能力的特殊目的再保险公司。它本质上与比例再保险协议无太大差别,只是以一个独立的公司形式出现,因此被形象地称为"侧挂车"。本文从产生背景、市场发展、运行机制和发展前景等方面对"侧挂车"进行系统梳理,把它与巨灾债券进行了比较分析。 A sidecar refers to a special purpose vehicle （SPV） which is set up by investors from capital market typically quota-sharing risks and profits with the original ceding company, and provides additional underwriting capacity for the original ceding company through a quota reinsurance contract. It is essentially a quota reinsurance contract, yet exists in an independent company. This paper systematically investigates the origin, market development, operational mechanism, and prospect of sidecars and performs comparative analysis between sidecars and Cat bonds.
作者 谢世清
机构地区 北京大学经济学院
出处 《证券市场导报》 CSSCI 北大核心 2009年第12期24-30,共7页 Securities Market Herald
关键词 “侧挂车” 巨灾债券 巨灾风险管理 保险风险证券化 Sidecars, Cat Bonds, Catastrophe Risk Management, Insurance Risk Securitization
分类号 F830.9 [经济管理—金融学]
  • 相关文献

参考文献18

  • 1A.M. Best (2006). "Assessing the Tail Risk of Sidecars" . October 9, 2006,.
  • 2Ceniceros, R. (2007) "Sidecar Participation is Receding" , Business Insurance, 12 March.
  • 3Collis, Charles (2006). "Sidecars-An Alternative to Cat Bonds" , from http://conyersdillandpeamlan.com.
  • 4Debevoise & Plimpton (2006). "Sidecars: New Vehicles for Private Equity and Hedge Fund Investment in the Insurance Market" . Private Equity Report, 2006 Fall, Vol. 7, No. 1.
  • 5Guy Carpenter (2006). "Bermuda Reinsurance Market After Record Storms, Capital Fills Sails" .
  • 6Guy Carpenter (2007). "The Catastrophe Bond Market " .
  • 7Guy Carpenter (2008). "2008 Reinsurance Market Review" .
  • 8Hertz, S and McGuiness, T.(2006) "Sidecars: New Vehicles for Private Equity and Hedge Fund Investment in the Insurance Market" , from http://www.debevoise.com.
  • 9Moody, J. Michael (2007). "Sidecars: Not Just for Motorcycles Anymore" . The Rough Notes, March.
  • 10Moody' s (2006). "Reinsurance Side-Cars: Going along for the Ride" , Moody' s Investors Service Global Research Comment,April.

同被引文献23

  • 1Moody, J. Michael, Sidecars: Not Just for Motorcycles Anymore, The Rough Notes March 2007.
  • 2参见陈森、元昊:《国际再保险市场的创新产品Sidecar),载《中国保险报》2013年8月23日第002版.
  • 3Aon Benfield, Reinsurance Market Outlook January 2015, p.5.
  • 4ARTEMIS, http://www.artemis.bm/library/reinsurance_-sidecars.html.
  • 5Fitch Ratings, Global Reinsurance Guide 2013, p.17.
  • 6Ramella, Marcelo and Lelia Madeiros, Bermuda Sidecars: Supervising Reinsurance Companies in Innovative Global Markets, The Geneva Ppers (2007) Vol.32, p352.
  • 7Goldman Sachs, Presentation Regarding the Transfer of Catastrophe Risk to the Capital Markets2006.
  • 8Standard and Poor, Global Reinsurance Highlights 2006, London: Reactiom Publishing Group, p.62.
  • 9Perez, A., Reinsurance Sidecars 2007.
  • 10Ramella, Marcelo and Lelia Madeiros, Bermuda Sidecars: Supervising Reinsurance Companies in Innovative Global Markets, The Geneva Ppers (2007) VoL32, p349.

引证文献2

证券市场导报
2009年 第12期

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部