Offering Catastrophic Risk Management Framework by Alternative Risk Transfer Instruments to Islamic Capital Market with Cat Takaful (CT) Sukuk

Hosaine Hasangholipoure; Ebrahim Chirani; Seyed mozaffar Mirbargkar; Sina Kheradyar

Volume 5, Issue 3 , July 2021, , Pages 78-107

  Out of 64 possible catastrophic events in the whole world, about 34 of them have been experienced in Iran; more than 80% of the regions are exposed to natural disasters risks such as earthquakes exposure. Domestic insurance capacity does not cover this volume of risk and the need for external reinsurance ...  Read More