Insuring Against Disaster

Download Insuring Against Disaster full books in PDF, epub, and Kindle. Read online Insuring Against Disaster ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Paying the Price

Author : Richard J. Roth, Sr.
Publisher : Joseph Henry Press
ISBN 13 : 0309174694
Total Pages : 318 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Paying the Price by : Richard J. Roth, Sr.

Download or read book Paying the Price written by Richard J. Roth, Sr. and published by Joseph Henry Press. This book was released on 1998-07-09 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the effectiveness of insurance coverage for low-probability, high-consequence events such as natural disastersâ€"and how insurance programs can successfully be used with other policy tools, such as building codes and standards, to encourage effective loss reduction measures. The authors discuss the reasons for the dramatic increase in insured losses from natural disasters since 1989 and the concern that insurers have about their ability to provide coverage against more such events in the future. It addresses why there has been an increasing demand for hazards insurance, what types of coverage private insurers are willing to offer, and the role of reinsurance and private-/public-sector initiatives at the state and federal levels for providing protection to victims of natural disasters. Detailed case studies of the challenges facing Florida in the wake of Hurricane Andrew in 1992 and California following the Northridge earthquake in 1994 reveal the challenges facing the insurance industry as well as other concerned stakeholders. The National Flood Insurance Program illustrates how a public-/private-sector partnership can mitigate damages and provide financial protection to victims. The book identifies new initiatives for reducing future losses and providing funds for recovery through cooperation by the relevant parties.

Federal Reinsurance for Disasters

Author : David Torregrosa
Publisher : DIANE Publishing
ISBN 13 : 1428960880
Total Pages : 62 pages
Book Rating : 4.4/5 (289 download)

DOWNLOAD NOW!

Book Synopsis Federal Reinsurance for Disasters by : David Torregrosa

Download or read book Federal Reinsurance for Disasters written by David Torregrosa and published by DIANE Publishing. This book was released on 2002 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance Availability in Communities at Risk of Natural Disaster

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance
Publisher :
ISBN 13 :
Total Pages : 532 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Insurance Availability in Communities at Risk of Natural Disaster by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance

Download or read book Insurance Availability in Communities at Risk of Natural Disaster written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance and published by . This book was released on 1994 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Disaster Insurance

Author : United States. Congress. Senate. Committee on Banking and Currency
Publisher :
ISBN 13 :
Total Pages : 930 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis Federal Disaster Insurance by : United States. Congress. Senate. Committee on Banking and Currency

Download or read book Federal Disaster Insurance written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1956 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Catastrophe Insurance

Author : Martin F. Grace
Publisher : Springer Science & Business Media
ISBN 13 : 1441992685
Total Pages : 150 pages
Book Rating : 4.4/5 (419 download)

DOWNLOAD NOW!

Book Synopsis Catastrophe Insurance by : Martin F. Grace

Download or read book Catastrophe Insurance written by Martin F. Grace and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. THE PROBLEM OF CATASTROPHE RISK The risk of large losses from natural disasters in the U.S. has significantly increased in recent years, straining private insurance markets and creating troublesome problems for disaster-prone areas. The threat of mega-catastrophes resulting from intense hurricanes or earthquakes striking major population centers has dramatically altered the insurance environment. Estimates of probable maximum losses (PMLs) to insurers from a mega catastrophe striking the U.S. range up to $100 billion depending on the location and intensity of the event (Applied Insurance Research, 2001).1 A severe disaster could have a significant financial impact on the industry (Cummins, Doherty, and Lo, 2002; Insurance Services Office, 1996a). Estimates of industry gross losses from the terrorist attack on September 11, 2001 range from $30 billion to $50 billion, and the attack's effect on insurance markets underscores the need to understand the dynamics of the supply of and the demand for insurance against extreme events, including natural disasters. Increased catastrophe risk poses difficult challenges for insurers, reinsurers, property owners and public officials (Kleindorfer and Kunreuther, 1999). The fundamental dilemma concerns insurers' ability to handle low-probability, high-consequence (LPHC) events, which generates a host of interrelated issues with respect to how the risk of such events are 1 These probable maximum loss (PML) estimates are based on a SOD-year "return" period.

Insuring Public Buildings, Contents, Vehicles, and Equipment Against Disasters

Author : Lloyd Dixon
Publisher :
ISBN 13 : 9781977405425
Total Pages : 134 pages
Book Rating : 4.4/5 (54 download)

DOWNLOAD NOW!

Book Synopsis Insuring Public Buildings, Contents, Vehicles, and Equipment Against Disasters by : Lloyd Dixon

Download or read book Insuring Public Buildings, Contents, Vehicles, and Equipment Against Disasters written by Lloyd Dixon and published by . This book was released on 2020-10-21 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: For this report, researchers examined state and local financial risk management practices, the role that the Federal Emergency Management Agency's Public Assistance program plays in these practices, and options for closing the insurance gap.

Natural Disaster Insurance for Sovereigns: Issues, Challenges and Optimality

Author : Aliona Cebotari
Publisher :
ISBN 13 : 9781513525891
Total Pages : 34 pages
Book Rating : 4.5/5 (258 download)

DOWNLOAD NOW!

Book Synopsis Natural Disaster Insurance for Sovereigns: Issues, Challenges and Optimality by : Aliona Cebotari

Download or read book Natural Disaster Insurance for Sovereigns: Issues, Challenges and Optimality written by Aliona Cebotari and published by . This book was released on 2020-01-17 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural disasters are a source of economic risks in many countries, especially in smaller and lower-income states, and ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through simulations of natural disasters and various insurance options, we find that sovereign decisions on optimal risk transfer involve balancing trade-offs between growth and debt, based on government risk preferences and country risk exposure. The choice of optimal insurance for smaller countries turns out to be more constrained by cost considerations due to their higher exposure, likely resulting in underinsurance; donor grants could help them achieve a more optimal protection. We also find that optimal insurance packages are those that are least costly relative to expected payouts (i.e. have the lowest insurance multiple), which are also the packages that insure less severe (more frequent) disasters.

Insuring Public Finances Against Natural Disasters

Author : David Hofman
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis Insuring Public Finances Against Natural Disasters by : David Hofman

Download or read book Insuring Public Finances Against Natural Disasters written by David Hofman and published by International Monetary Fund. This book was released on 2006-08 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus far, developing countries have only tepidly begun to tap these opportunities. More frequent and intensive use of insurance markets may be desirable because it could help introduce an important element of predictability in the post-disaster public finances of disaster-prone developing countries. Against this background, the paper surveys the various available insurance modalities and reviews recent initiatives in developing and emerging market countries. It also identifies some key challenges for the insurance community, donors, and international financial institutions (IFIs).

Reflections on U.S. Disaster Insurance Policy for the 21st Century

Author : Howard Kunreuther
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis Reflections on U.S. Disaster Insurance Policy for the 21st Century by : Howard Kunreuther

Download or read book Reflections on U.S. Disaster Insurance Policy for the 21st Century written by Howard Kunreuther and published by . This book was released on 2012 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The devastation caused by hurricanes during the 2004 and 2005 seasons has been unprecedented and is forcing the insurance industry to reevaluate the role that it can play in dealing with future natural disasters in the United States. As shown in Table 1 the four hurricanes that hit Florida in the fall of 2004 -- Charley, Frances, Ivan and Jeanne--and Hurricanes Katrina and Rita in 2005 comprised half of the top 12 disasters with respect to insured losses between 1970 and 2005. On a related note, 18 of the 20 most costly disasters occurred between 1990 and 2005 and 10 occurred in the 21st Century. This context is totally different than the scale of economic loss the country has suffered from natural disasters and other extreme events in the 20th century.The first section of the paper addresses the first question by outlining two principles on which a disaster insurance program should be based. Section 3 then focuses on the second question by analyzing the insurability of a risk and examining the challenges facing the private sector in providing coverage against natural disasters. Section 4 turns to the third question and delineates the opportunities and challenges of a comprehensive disaster insurance program. Section 5 poses a set of open issues that are currently being addressed by a research project on disaster insurance undertaken by the Wharton Risk Center in conjunction with the Insurance Information Institute and Georgia State University. The concluding section summarizes the key issues associated with providing disaster insurance in the 21st century.

To Establish a National Program of Federal Insurance Against Catastrophic Disasters

Author : United States. Congress. House. Banking and Currency Committee
Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis To Establish a National Program of Federal Insurance Against Catastrophic Disasters by : United States. Congress. House. Banking and Currency Committee

Download or read book To Establish a National Program of Federal Insurance Against Catastrophic Disasters written by United States. Congress. House. Banking and Currency Committee and published by . This book was released on 1974 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Homeowners' Insurance Availability in Disaster Prone Areas

Author : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Housing and Community Opportunity
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Homeowners' Insurance Availability in Disaster Prone Areas by : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Housing and Community Opportunity

Download or read book Homeowners' Insurance Availability in Disaster Prone Areas written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 1997 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Natural Disaster Insurance

Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Perspectives on Natural Disaster Insurance by : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity

Download or read book Perspectives on Natural Disaster Insurance written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2007 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Geography of Risk

Author : Gilbert M. Gaul
Publisher : Sarah Crichton Books
ISBN 13 : 0374718520
Total Pages : 304 pages
Book Rating : 4.3/5 (747 download)

DOWNLOAD NOW!

Book Synopsis The Geography of Risk by : Gilbert M. Gaul

Download or read book The Geography of Risk written by Gilbert M. Gaul and published by Sarah Crichton Books. This book was released on 2019-09-03 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This century has seen the costliest hurricanes in U.S. history—but who bears the brunt of these monster storms? Consider this: Five of the most expensive hurricanes in history have made landfall since 2005: Katrina ($160 billion), Ike ($40 billion), Sandy ($72 billion), Harvey ($125 billion), and Maria ($90 billion). With more property than ever in harm’s way, and the planet and oceans warming dangerously, it won’t be long before we see a $250 billion hurricane. Why? Because Americans have built $3 trillion worth of property in some of the riskiest places on earth: barrier islands and coastal floodplains. And they have been encouraged to do so by what Gilbert M. Gaul reveals in The Geography of Risk to be a confounding array of federal subsidies, tax breaks, low-interest loans, grants, and government flood insurance that shift the risk of life at the beach from private investors to public taxpayers, radically distorting common notions of risk. These federal incentives, Gaul argues, have resulted in one of the worst planning failures in American history, and the costs to taxpayers are reaching unsustainable levels. We have become responsible for a shocking array of coastal amenities: new roads, bridges, buildings, streetlights, tennis courts, marinas, gazebos, and even spoiled food after hurricanes. The Geography of Risk will forever change the way you think about the coasts, from the clash between economic interests and nature, to the heated politics of regulators and developers.

S. 1043, the Natural Disaster Protection and Insurance Act of 1995

Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis S. 1043, the Natural Disaster Protection and Insurance Act of 1995 by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation

Download or read book S. 1043, the Natural Disaster Protection and Insurance Act of 1995 written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 1995 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

S. 1361, the Natural Disaster Protection and Insurance Act of 1999

Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis S. 1361, the Natural Disaster Protection and Insurance Act of 1999 by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation

Download or read book S. 1361, the Natural Disaster Protection and Insurance Act of 1999 written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2003 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Disaster Insurance

Author : United States. Congress. Senate. Banking Currency Committee
Publisher :
ISBN 13 :
Total Pages : 386 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Federal Disaster Insurance by : United States. Congress. Senate. Banking Currency Committee

Download or read book Federal Disaster Insurance written by United States. Congress. Senate. Banking Currency Committee and published by . This book was released on 1956 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Availability of Insurance in Areas at Risk of Natural Disasters

DOWNLOAD NOW!

Book Synopsis The Availability of Insurance in Areas at Risk of Natural Disasters by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance

Download or read book The Availability of Insurance in Areas at Risk of Natural Disasters written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance and published by . This book was released on 1994 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: