我国洪灾保险债券的定价研究

Study on Pricing of Flood Insurance Bonds in China

本文收集了我国洪水损失数据,利用非寿险精算方法对我国洪水损失分布和来到次数分布进行了分析。在此基础上利用资本资产定价模型和债券定价原理对洪水巨灾债券的收益率和价格进行了初步设计。

By using flood losses data in China, the paper analyzes the distribution of loss and time through non-life actuarial method. Then, it designs the yield and price of flood catastrophe bond according to the theory of CAMP and bond pricing, so the primary design of flood catastrophe bond is completed.