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.



The French Experience in the Management and Compensation of Large Scale Disasters

Risks like natural perils and terrorism are unpredictable and can cause severe damage undermining the solvability of a company. The insurance marketplace avoids accepting to cover these risks, sticking to the safer territory of insurable risks.


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