Research on the Pricing of Global Drought Catastrophe Bonds

<table class="table-group" id="tab3"><tr><td><table class="table"><tr><td class="thead-hr" colspan="7"><hr/></td></tr><tr class="thead"><td class="align_left">Min</td><td class="align_center">Max</td><td class="align_center">Mean</td><td class="align_center">Standard deviation</td><td class="align_center">Extreme bad</td><td class="align_center">Degree of deviation</td><td class="align_center">Kurtosis</td></tr><tr><td class="thead-hr" colspan="7"><hr/></td></tr><tr><td class="align_left">9.8</td><td class="align_center">1828.66</td><td class="align_center">145</td><td class="align_center">241.26</td><td class="align_center">1825.36</td><td class="align_center">4.63</td><td class="align_center">30.34</td></tr><tr class="table-tr"><td colspan="7"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Descriptive statistics of drought catastrophes losses from 1968 to 2018.</div>

Mathematical Problems in Engineering

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Table 3

Table 3: Research on the Pricing of Global Drought Catastrophe Bonds 