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.



Disaster Risk Management in Japan

Japan is a particularly exposed country in respect of earthquakes, tsunamis and volcanic eruptions. In order to address these potentially catastrophic risks, which often lead to disastrous human and economic losses in Japan, the government first established in 1966 the Earthquake Insurance System backed by the State Budget.


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