by Krzysztof BURNECKI
KRZYSZTOF BURNECKI is Head of Academic Team at Actuarial Intelligence Triangle Limited Company, Actuary, Member of the Polish Society of Actuaries, Professor at Wroclaw University of Science and Technology. (supported by NCN grant no. 2022/47/B/HS4/02139) |
Innovative risk-transfer solutions can help to close identified protection gaps and increase personal and societal resilience. In this context, the insurance-linked securities (ILS) market, as a form of alternative risk transfer,
has been at the forefront. The actuarial techniques play a key role in the valuation of catastrophe instruments.
Disclaimer:
This article represents the opinion of the author and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 36 – December 2023