Catastrophe Risk Mitigation: A Survey of Methods

This paper analyzes "non-traditional" methods of reducing and/or transferring cat risk: "traditional" reinsurance mechanisms are also examined. None of the reinsurance concepts are new. However, they may not have been viewed in light of cat mitigation in the past. With the property reinsurance market the softest in five years, it is essential to consider these traditional products whenever we evaluate any of the alternatives.