Super Cats as Alternative Investments: an Overview
6 Pages Posted: 10 Aug 2005
Date Written: March 30, 2007
This paper provides an overview of the concept of super catastrophes, or Super Cats, as alternative investment opportunities. By way of the recent Pepsi Play For a Billion sweepstakes case we previously published a methodology for valuing Super Cats with a reasonable margin of safety. This overview summarizes that work.
Keywords: Alternative investment, valuation, risk transfer
JEL Classification: D46, G13, G31
Suggested Citation: Suggested Citation