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...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Chicago :
University of Chicago Press,
1999.
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Colección: | National Bureau of Economic Research project report.
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Temas: | |
Acceso en línea: | Texto completo |
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. |
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Descripción Física: | 1 online resource (490 pages) |
ISBN: | 9780226266251 0226266257 1281223484 9781281223487 |