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List_of_stylized_facts
x0range edited this page Aug 24, 2018
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- 60% reinsurance coverage
- close to 100% insurance coverage
- reinsurance defaults happening
- balanced insurers
- balanced reinsurers
- premium oscillating according to a smooth cycle
- premium should not end up at the lower bound - in no world of the ensemble
- more insurers than reinsurers by a factor of 8 to 10, possibly with some variability
- catbonds should cover a certain part of the reinsurance market (20-25 catbonds vs 75-80 reinsurance - which measure, value?, risk?, coverage capital? - look it up in the catbonds document)
- heavy-tailed positive firm size distribution (hence left-skewed) for insurance firms
- heavy-tailed positive firm size distribution (hence left-skewed) for reinsurance firms