The Federal Role in Terrorism Insurance

The Federal Role in Terrorism Insurance PDF Author: Lloyd S. Dixon
Publisher: Rand Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
What are the Terrorism Risk Insurance Act1s effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.

The Federal Role in Terrorism Insurance

The Federal Role in Terrorism Insurance PDF Author: Lloyd S. Dixon
Publisher: Rand Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
What are the Terrorism Risk Insurance Act1s effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.

Maritime Terrorism

Maritime Terrorism PDF Author: Michael D. Greenberg
Publisher: Rand Corporation
ISBN: 0833040308
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
Policymakers have become increasingly concerned in recent years about the possibility of future maritime terrorist attacks. Though the historical occurrence of such attacks has been limited, recognition that maritime vessels and facilities may be particularly vulnerable to terrorism has galvanized concerns. In addition, some plausible maritime attacks could have very significant consequences, in the form of mass casualties, severe property damage, and attendant disruption of commerce. Understanding the nature of maritime terrorism risk requires an investigation of threats, vulnerabilities, and consequences associated with potential attacks, as grounded both by relevant historical data and by intelligence on the capabilities and intentions of known terrorist groups. These risks also provide the context for understanding government institutions that will respond to future attacks, and particularly so with regard to the US civil justice system. In principle, civil liability operates to redistribute the harms associated with legally redressable claims, so that related costs are borne by the parties responsible for having caused them. In connection with maritime terrorism, civil liability creates that prospect that independent commercial defendants will be held responsible for damages caused by terrorist attacks. This book explores risks and U.S. civil liability rules as they may apply in the context of these types of attacks.

The Future of Terrorism Insurance

The Future of Terrorism Insurance PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Terrorism insurance
Languages : en
Pages : 256

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Book Description


The Risks of Terrorism

The Risks of Terrorism PDF Author: W. Kip Viscusi
Publisher: Springer Science & Business Media
ISBN: 9781402077340
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Zeckhauser, amongst others. Book jacket.

Compensation for Losses from the 9/11 Attacks

Compensation for Losses from the 9/11 Attacks PDF Author: Lloyd S. Dixon
Publisher: Rand Corporation
ISBN: 9780833036919
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
The terrorist attacks of September 11, 2001, caused tremendous loss of life, property, and income, and the resulting response from public and private organizations was unprecedented. This monograph examines the benefits received by those who were killed or seriously injured on 9/11 and the benefits provided to individuals and businesses in New York City that suffered losses from the attack on the World Trade Center. The authors examine the performance of the compensation system--insurance, tort, government programs, and charity--in responding to the losses stemming from 9/11.

Emergency Response to Terrorism

Emergency Response to Terrorism PDF Author:
Publisher: DIANE Publishing
ISBN: 1428981195
Category : Disaster relief
Languages : en
Pages : 103

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Book Description


How Much are Americans at Risk Until Congress Passes Terrorism Insurance Protection?

How Much are Americans at Risk Until Congress Passes Terrorism Insurance Protection? PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 214

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Book Description


Terrorism Insurance

Terrorism Insurance PDF Author: United States. General Accounting Office
Publisher: DIANE Publishing
ISBN: 1428938400
Category : Risk (Insurance)
Languages : en
Pages : 39

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Book Description


Catastrophe Modeling

Catastrophe Modeling PDF Author: Patricia Grossi
Publisher: Springer Science & Business Media
ISBN: 0387231293
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.

Pricing Insurance Risk

Pricing Insurance Risk PDF Author: Stephen J. Mildenhall
Publisher: John Wiley & Sons
ISBN: 1119755670
Category : Business & Economics
Languages : en
Pages : 564

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Book Description
PRICING INSURANCE RISK A comprehensive framework for measuring, valuing, and managing risk Pricing Insurance Risk: Theory and Practice delivers an accessible and authoritative account of how to determine the premium for a portfolio of non-hedgeable insurance risks and how to allocate it fairly to each portfolio component. The authors synthesize hundreds of academic research papers, bringing to light little-appreciated answers to fundamental questions about the relationships between insurance risk, capital, and premium. They lean on their industry experience throughout to connect the theory to real-world practice, such as assessing the performance of business units, evaluating risk transfer options, and optimizing portfolio mix. Readers will discover: Definitions, classifications, and specifications of risk An in-depth treatment of classical risk measures and premium calculation principles Properties of risk measures and their visualization A logical framework for spectral and coherent risk measures How risk measures for capital and pricing are distinct but interact Why the cost of capital, not capital itself, should be allocated The natural allocation method and how it unifies marginal and risk-adjusted probability approaches Applications to reserve risk, reinsurance, asset risk, franchise value, and portfolio optimization Perfect for actuaries working in the non-life or general insurance and reinsurance sectors, Pricing Insurance Risk: Theory and Practice is also an indispensable resource for banking and finance professionals, as well as risk management professionals seeking insight into measuring the value of their efforts to mitigate, transfer, or bear nonsystematic risk.