study on the operating mechanism of catastrophe compensation fund

• DOI: 10.18686/fm.v2i1.633
• Publication Date: 2017-08-01
• Authors: Xilong Pan; Bowen Deng; Lin Zhang; Menjiao Liu
• Keywords: 0211 other engineering and technologies; 02 engineering and technology

<p>Under the situation of undeveloped catastrophe insurance and serious catastrophe risk in China, the operating mechanism of Catastrophe Compensation Fund (CCF) is studied systematically, which is based on the Pan Xilong’s study on CCF in 2010. The study focused on the classification of registration district, the calculation and adjustment of compensation ratio, the pricing of CCF certificates, etc. It shows that CCF is an innovational solution to deal with catastrophe risk in both the view of theory and practice.</p>