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Both the frequency of large-scale disasters -- be they man-made events or natural hazards -- and the severity of the losses involved have increased since the late 1980s. There are strong reasons to expect this trend to continue. Events such as the attacks of September 11, 2001 i…
Both the frequency of large-scale disasters -- be they man-made events or natural hazards -- and the severity of the losses involved have increased since the late 1980s. There are strong reasons to expect this trend to continue. Events such as the attacks of September 11, 2001 i…
Reinsurance is a market that provides cover for the devastating consequences of unpredictable events such as Hurricane Katrina, or the Tohoku earthquake, underpinning society's capacity to rebuild after the unthinkable happens. This book fleshes out how this important and quirky…
Reinsurance is a market that provides cover for the devastating consequences of unpredictable events such as Hurricane Katrina, or the Tohoku earthquake, underpinning society's capacity to rebuild after the unthinkable happens. This book fleshes out how this important and quirky…
This book considers the effectiveness of insurance coverage for low-probability, high-consequence events such as natural disasters - and how insurance programs can successfully be used with other policy tools, such as building codes and standards, to encourage effective loss red…