Valuing Multirisk Catastrophe Reinsurance Based on the Cox–Ingersoll–Ross (CIR) Model

Table 2

Parameter estimates of Copula function and K-S test results.

Copula function	Clayton Copula	Gumbel Copula	Frank Copula
value	0.5485	1.3440	2.6690
K-S value	0.0443	0.1627	0.6221
value	0.9563	0.0022	0.01