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MEASURING SYSTEM PROVIDING INTER-ARRIVAL TIME BASED MEASUREMENT AND PREDICTION FOR IMMINENT NATURAL CATASTROPHIC EVENTS AND METHOD THEREOF
MEASURING SYSTEM PROVIDING INTER-ARRIVAL TIME BASED MEASUREMENT AND PREDICTION FOR IMMINENT NATURAL CATASTROPHIC EVENTS AND METHOD THEREOF
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机译:提供基于间隔时间的临近自然巨灾事件的测量和预测的测量系统及其方法
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摘要
An automated, inter-arrival-time-based system and method for automated prediction and exposure-signaling of associated, catastrophic risk-event driven or triggered risk-transfer systems, for low frequency catastrophic or operational risk events and automated risk-transfer. Risk-events are measured and assigned to a historic hazard set comprising event parameters for each assigned risk-event. Risk-exposed units and/or the automated risk-transfer systems are provided with corresponding risk-transfer parameters for automated risk-transfer and/or automated risk-event cover. An event loss set is based on the measured frequencies with associated losses of said risk-events of the hazard set, each of said risk-events creating a set specific loss. Time-stamps, based on an automatically and/or dynamically estimated distribution of corresponding inter-arrival times parameters, capture a waiting time between consecutive events of the period loss set. The waiting times measure the time intervals between two successive risk-events and capture peril specific temporal clustering and/or seasonal occurrence patterns.
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