Multiple-Event Catastrophe Bond Pricing Based on CIR-Copula-POT Model

Table 2

Parameter estimates of Copula function and K-S test results.

Copula function	Clayton Copula	Gumbel Copula	Frank Copula
value	0.4578	1.3401	2.3764
K-S value	0.0221	0.1494	0.5933
value	0.8292	0.0000	0.0000