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.



National Security and Compensation Policy for Terrorism Losses

Much research and policy on terrorism insurance compares terrorism to natural catastrophes, but this obscures the national security dimension of terrorism insurance. In this chapter, it is argued that government support of terrorism insurance and compensation can impact national security in several ways.


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