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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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Terrorism Insurance

An Overview of the Private Market

This chapter provides an overview of the scope and evolution of the market and capacity for terrorism risk insurance before and after 9/11 events. It also examines the coverage currently available for this risk, the practical and theoretical advantages of such a private cover and its prospects.

English

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