You are currently not signed in. Any products you have purchased will not be available until you Sign In.
For a personalized walk-through of IRMI Online, Request a Demo.

jump process

Pricing motivations underlying catastrophe bonds. Instead of a gradual supply of information slowly affecting a high-yield bond's pricing (Brownian motion), cat bond pricing is subject to large, sudden jumps, such as the appearance of a pending hurricane bearing down on property covered by the bond's reinsurance.

Navigation

Social Media

User ID: Subscriber Status:Free