Catastrophic Risks and Insurance

image of Catastrophic Risks and Insurance

These proceedings, based on a conference held in November 2004 at OECD in Paris, present leading academic analysis as well as government and private sector information and experience-sharing on how governments and the financial and insurance sectors can deal with losses caused by terrorism, atmosperic perils, and other large-scale risks.



Designing a Disaster Insurance Pool

The Hungarian and Turkish governments have recently implemented national insurance systems to transfer risks from floods and earthquakes, respectively, from households to public insurance pools. To date, neither system has met the expectations of the respective governments in terms of insurance uptake and political support.


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