Further, this paper discusses the design elements of catastrophe risk securitization.
进一步地，对巨灾风险证券的设计要素进行了论述。
The practice experience of foreign has shown that the securitization of insurance risk can effectively resolve the catastrophe risk beard by the insurance industry.
国外的实践经验表明，保险风险证券化能够有效地化解保险业承保巨灾等业务的风险。
In the part of the catastrophe risk securitization, a new explanation has been done according to the theory new Institutional Economics.
在风险证券化部分则从新制度经济学的角度对风险证券化的起缘做了一个解释。
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