An Event Study on the Stock Market Responses of Insurance and Reinsurance Companies in Asian and European Countries under Natural Disaster Shocks
This paper aims to comprehensively examine the impact of global climate change, particularly how climate change and the natural disasters it triggers affect the insurance sector in Asia and Europe and the stock market performance of reinsurance companies in both Asia and Europe. Using an appropriate event study methodology, the study investigates the impact of two natural disasters in China and tw
