1887

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.

English

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Insurance of Atmospheric Perils – Challenges Ahead

The (re)insurance of damage caused by weather related risks has a long history and is well established in all mature insurance markets. A fundamental characteristic of atmospheric perils like hurricanes or European winter storms is their potential for extreme event loss accumulations.

English

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