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The Financing of Catastrophe Risk.

Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed 1 0 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone ar...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Froot, Kenneth A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Chicago : University of Chicago Press, 1999.
Colección:National Bureau of Economic Research project report.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed 1 0 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of. 1 00 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely b.
Descripción Física:1 online resource (490 pages)
ISBN:9780226266251
0226266257
1281223484
9781281223487