Gatzert et al., 2014 - Google Patents

The× Effectiveness of Gap Insurance With Respect to Basis Risk in a Shareholder Value Maximization Setting

Gatzert et al., 2014

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Document ID
7703744256479280927
Author
Gatzert N
Kellner R
Publication year
Publication venue
Journal of Risk and Insurance

External Links

Snippet

The purchase of index‐linked alternative risk transfer instruments can lead to basis risk, if the insurer's loss is not fully dependent on the index. One way to reduce basis risk is to additionally purchase gap insurance, which fills the gap between an insurer's actual loss …
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