Patterns in the Turkish reinsurance claims data, 1998-2002: An application of the extreme value theory

Burcak Basbug; Henry Wynn

doi:10.1007/s11069-006-0031-9

Patterns in the Turkish reinsurance claims data, 1998-2002: An application of the extreme value theory

Burcak Basbug , Henry Wynn

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Pages (from-to)	329-342
Number of pages	14
Journal	Natural Hazards
Volume	39
Issue number	2
DOIs	https://doi.org/10.1007/s11069-006-0031-9
Publication status	Published - 2006
Externally published	Yes

Keywords

Earthquakes
Paid claims
Extreme Value Theory (EVT)
Generalised Pareto Distribution (GPD)

Access to Document

10.1007/s11069-006-0031-9

Fingerprint Dive into the research topics of 'Patterns in the Turkish reinsurance claims data, 1998-2002: An application of the extreme value theory'. Together they form a unique fingerprint.

Cite this

@article{1786c3eabbcd443aa3ae9168cbea1330,

title = "Patterns in the Turkish reinsurance claims data, 1998-2002: An application of the extreme value theory",

abstract = "The devastating 1999 Marmara and D{\"u}zce 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) ",

author = "Burcak Basbug and Henry Wynn",

year = "2006",

doi = "10.1007/s11069-006-0031-9",

language = "English",

volume = "39",

pages = "329--342",

journal = "Natural Hazards",

issn = "0921-030X",

publisher = "Springer Verlag",

number = "2",

}

TY - JOUR

T1 - Patterns in the Turkish reinsurance claims data, 1998-2002: An application of the extreme value theory

AU - Basbug , Burcak

AU - Wynn, Henry

PY - 2006

Y1 - 2006

N2 - 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.

AB - 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.

KW - Earthquakes

KW - Paid claims

KW - Extreme Value Theory (EVT)

KW - Generalised Pareto Distribution (GPD)

U2 - 10.1007/s11069-006-0031-9

DO - 10.1007/s11069-006-0031-9

M3 - Article

VL - 39

SP - 329

EP - 342

JO - Natural Hazards

JF - Natural Hazards

SN - 0921-030X

IS - 2

ER -