Securitization of flood damage insurance：The case of the Danshuei River Basin.

• Main Authors: Li Ling Kuo, 郭俐伶
• Other Authors: Kehluh Wang
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/00113511756707054843

碩士 === 國立交通大學 === 管理科學系所 === 94 === Due to the fast change in the climate, the damages caused by typhoon and flood have great impacts on human's life, especially for people in Taiwan where flooding appears almost every year. Insurance companies may be unable to function as the loss is too big to assume. The purpose of this study is to apply the principle of asset securitization to design the security for transferring the flood damage risk to the investors in the financial market. Using hydraulic theory and analyzing the probability and risk of the flood, I estimate the loss of the flood damage and calculate the issuing amount for the security. The result of the study should be useful for financial institutions to design new instruments and to manage the flood damage insurance problems.