Patterns in the Turkish reinsurance claim data,
1998–2002: An application of the extreme value theory |
| |
| Authors: | B Burçak Ba?bu? Henry P Wynn |
| |
| Institution: | (1) Department of Statistics, London School of Economics, Columbia House, Hougton Street, London, WC2A 2AE, United Kingdom |
| |
| Abstract: | The devastating 1999 Marmara and Düzce earthquakes led to a significant increase in the earthquake studies in Turkey in geological,
engineering and financial aspects. Extreme Value Theory (EVT) has a range of applications from stock market changes to natural
disasters like floods and hurricanes. Here EVT is fitted to the ordinary and earthquake reinsurance claims of Turkey. |
| |
| Keywords: | Earthquakes Paid claims Extreme Value Theory (EVT) Generalised Pareto Distribution (GPD) |
| 本文献已被 SpringerLink 等数据库收录！ |
