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.

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.

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.

Improving the Availability and Affordability of Pandemic Risk Insurance

Improving the Availability and Affordability of Pandemic Risk Insurance PDF Author: Lloyd Dixon
Publisher:
ISBN: 9781977407078
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This report evaluates and models proposals for an insurance-based program to provide businesses with resources to maintain payroll and benefits and cover ongoing operating expenses during a pandemic.

Estimating Terrorism Risk

Estimating Terrorism Risk PDF Author: Henry H. Willis
Publisher: Rand Corporation
ISBN: 0833040936
Category : Political Science
Languages : en
Pages : 93

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Book Description
The Department of Homeland Security is responsible for protecting the United States from terrorism. It does so partly through the Urban Areas Security Initiative, though its distribution has been criticized for not reflecting risk. This monograph offers a practical definition of terrorism risk and a method for estimating it that addresses inherent uncertainties. It also demonstrates a framework for evaluating alternative risk estimates. Finally, it makes five recommendations for improving resource allocation.

Trends in Terrorism

Trends in Terrorism PDF Author: Peter Chalk
Publisher: Rand Corporation
ISBN: 9780833038227
Category : Political Science
Languages : en
Pages : 75

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Book Description
Providing a description of the evolving terrorist threat, this book's goal is to compare the underlying risk of attack to the architecture of financial protection that has been facilitated by the Terrorism Risk Insurance Act (TRIA). The Terrorism Risk Insurance Act (TRIA) requires insurers to offer commercial insurance that will pay on claims that occur from a terrorist attack, and for losses on the scale of 9/11, TRIA provides a backstop in the form of free reinsurance. The authors describe the evolving terrorist threat with the goal of comparing the underlying risk of attack to the architecture of financial protection that has been facilitated by TRIA.

Terrorism, Risk and the Global City

Terrorism, Risk and the Global City PDF Author: Professor Jon Coaffee
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409488306
Category : Science
Languages : en
Pages : 380

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Book Description
First published in 2003, this account of the anti-terrorist measures of London's financial district and the changes in urban security after 9/11 has been revised to take into account developments in counter-terrorist security and management, particularly after the terrorist attack in London on July 7th 2005. It makes a valuable addition to the current debate on terrorism and the new security challenges facing Western nations. Drawing on the post-9/11 academic and policy literature on how terrorism is reshaping the contemporary city, this book explores the changing nature of the terrorist threat against global cities in terms of tactics and targeting, and the challenge of developing city-wide managerial measures and strategies. Also addressed is the way in which London is leading the way in developing best practice in counter-terrorist design and management, and how such practice is being internationalized.

Federal Reinsurance for Disasters

Federal Reinsurance for Disasters PDF Author: David Torregrosa
Publisher: DIANE Publishing
ISBN: 1428960880
Category : Disaster insurance
Languages : en
Pages : 62

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Book Description


Investing in Insurance Risk

Investing in Insurance Risk PDF Author: Alex Krutov
Publisher:
ISBN: 9781904339564
Category : Insurance
Languages : en
Pages : 480

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Book Description
Information on the types of these securities and the issues involved in their structuring, pricing, trading, and managing on a portfolio basis.

The Terrorism Risk Insurance Act

The Terrorism Risk Insurance Act PDF Author: Jason M. Schupp
Publisher: Hillcrest Publishing Group
ISBN: 1634137930
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
From the outset, the Terrorism Risk Insurance Act program succeeded in making terrorism insurance widely available to US businesses and local governments without jeopardizing the long-term sustainability of the insurance industry.Nearly a decade and a half later, the Terrorism Risk Insurance Act remains an essential part of our national strategy for economic security and resilience in the face of terrorism. Over that time, however, knowledge of the program has steadily eroded as many who were involved in the program's early years have moved on or retired.The Terrorism Risk Insurance Act: A Practitioner's Guide assists today's insurance professional to bridge this gap through a comprehensive explanation of each of the elements of the program reinforced through practical examples. Each chapter concludes with a description of processes, controls, and testing that practitioners may consider to maximize potential recoveries under the program and build reliable evidence of compliance.