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

Basbug B. B., Wynn H. P.

NATURAL HAZARDS, cilt.39, sa.2, ss.329-342, 2006 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 39 Sayı: 2
  • Basım Tarihi: 2006
  • Doi Numarası: 10.1007/s11069-006-0031-9
  • Dergi Adı: NATURAL HAZARDS
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.329-342
  • Orta Doğu Teknik Üniversitesi Adresli: Evet

Özet

The devastating 1999 Marmara and Duzce 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.