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Alternative risk transfer when dealing with consequences of natural disasters
 Kúdeľková, Barbora ; Ducháčková, Eva (advisor) ; Daňhel, Jaroslav (referee)
The main focus of this bachelor thesis named Alternative risk transfer when dealing with consequences of natural disasters is to describe the current problems of catastrophe events, which affect insurance and reinsurance market, their solutions and their development in the past years. The work highlits the reasons why the alternative risk transfer methods are so attractive and essential for investors as well as for insurance companies and also describes the instruments and vehicles on the ART market. The thesis then concentrates on natural disasters and how the insurance and reinsurance companies solve the problems caused by them using insurance-linked securities, more concretely catastrophe bonds, which are the most significant from all the ART products. Dangers and damages related to natural catastrophes are then illustrated on past events and current development including relating stastictics and graphs.
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