2 papers
stat.AP2026
Multi-Trigger Crypto CAT Bonds with On-Chain Settlement: Valuation and Optimal Design
Yue Wang, Yijia Li, Maochao Xu +1
Cryptocurrencies have experienced repeated large-scale losses from protocol exploits and exchange breaches, exposing insurers and investors to severe operational risks. This paper…
stat.AP2024
A Framework for Digital Asset Risks with Insurance Applications
Zhengming Li, Jianxi Su, Maochao Xu +1
The remarkable growth of digital assets, starting from the inception of Bitcoin in 2009 into a 1 trillion market in 2024, underscores the momentum behind disruptive technologies an…