Catastrophe insurance risks status of efforts to securitize natural catastrophe and terrorism risk. PDF Download

Author: Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher: DIANE Publishing
ISBN: 142893927X
Category : Bonds
Languages : en
Pages : 77

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Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985010666
Category :
Languages : en
Pages : 78

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Catastrophe Insurance Risks: Status of Efforts to Securitize Natural Catastrophe and Terrorism Risk

Author: William B. Shear
Publisher: DIANE Publishing
ISBN: 9780756749446
Category : Political Science
Languages : en
Pages : 84

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Book Description
Natural catastrophes & terrorist attacks (NCTA) can place enormous financial demands on the insur. industry (II), result in sharply higher prem. & substantially reduced coverage. There are mechanisms to increase the capacity of the II to manage these events. This report: (1) provides an overview of the II's current capacity to cover NCTA risks & discusses the impacts of the 2004 hurricanes; (2) analyzes the potential of catastrophe bonds -- a security issued by insurers & reinsur. & sold to instit'l. investors -- & tax-ded. reserves to enhance private-sector capacity; & (3) describes the approaches that 6 European countries have taken, incl. whether these countries permit insurers to use tax-deductible reserves for such events. Tables.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: OECD
Publisher: OECD Publishing
ISBN: 9264009957
Category :
Languages : en
Pages : 424

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These conference proceedings present academic analysis, country reports, and financial/insurance company assessments on how to handle losses caused by large-scale catastrophes including terrorism and atmospheric perils.

Author: United States Government Accountability
Publisher: Scholar's Choice
ISBN: 9781296016388
Category :
Languages : en
Pages : 84

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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author: Qihao He
Publisher: Edward Elgar Publishing
ISBN: 1788111869
Category : Climate change insurance
Languages : en
Pages : 244

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Book Description
China is the largest greenhouse gas emitter in the world and also suffers from devastating climate catastrophes. Increasingly, policymakers in China have come to realize that government alone cannot adequately prevent or defray climate-related disaster risks. This book contends that a better way to manage catastrophe risk in China is through private insurance rather than directly through the Chinese government. In addition, private insurance could function as a substitute for, or complement to, government regulation of catastrophe risks by causing policyholders to take greater precautions to reduce climate change risks.

Author:
Publisher: OECD Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
This volume is the eighth of a series devoted to major policy issues in insurance, and sets out the proceedings of a conference, held in Paris in November 2004, to discuss options for dealing with losses caused by large-scale disasters. It contains a selection of papers and reports which focus on three key issues: the insurability of catastrophic risks; the extent to which financial markets can help address the risks of both natural disasters and terrorism; and the role of governments and public-private partnerships in the management of such risks.

Author: J. David Cummins
Publisher: World Bank Publications
ISBN: 0821377361
Category : Political Science
Languages : en
Pages : 299

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Book Description
'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.

Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Terrorism insurance
Languages : en
Pages : 192

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