Catastrophic risks and insurability
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Catastrophic risks and insurability proceedings of a conference sponsored by Aon Re Australia Limited by Aon Re Hazards and Capital Risk Management Conference (8th 2003 Gold Coast, Qld.)

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Published by AON Re Australia Limited in Sydney .
Written in English


  • Disaster insurance -- Congresses.,
  • Natural disasters -- Congresses.,
  • Risk assessment -- Congresses.,
  • Risk management -- Congresses.

Book details:

Edition Notes

Statementedited by Neil R. Britton.
ContributionsBritton, Neil R. 1953-, Aon Re Australia Limited.
LC ClassificationsHG9979 .A66 2003
The Physical Object
Paginationviii, 165 p. :
Number of Pages165
ID Numbers
Open LibraryOL22538525M
ISBN 100957776012
LC Control Number2005432846

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This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, for the Los Angeles RIMS and the Center for Insurance Studies at California State University, Fullerton, discusses how the insurance industry copes with catastrophic risk and insurability issues. Get this from a library! Catastrophic risks and insurance. [Flore-Anne Messy; Organisation for Economic Co-operation and Development.;] -- Both the frequency of large-scale disasters -- be they man-made events or natural hazards -- and the severity of the losses involved have increased since the late s. There are strong reasons to. This is “Ideal Requisites for Insurability”, section from the book Enterprise and Individual Risk Management The risks assumed by an insurer must involve only the possibility, not the certainty, of loss to the insured. The possibility of catastrophic loss may make a loss exposure uninsurable. This paper describes a spatial-dynamic, stochastic optimization model that takes account of the complexities and dependencies of catastrophic risks. Following a description of the general model, the paper briefly discusses a case study of earthquake risk in the Irkutsk region of by:

"Retroactive liability and the insurability of long-tail risks," International Review of Law and Economics, Elsevier, vol. 19(4), pages , December. Patricia Born & W. Viscusi, "The catastrophic effects of natural disasters on insurance markets," Journal of Risk and Uncertainty, Springer, vol. 33(1), pages , September. Session 1 - Insurability of catastrophic risks Economics of catastrophe risk insurance, Christian Gollier (University of Toulouse) - this report was circulated by e-mail to Speakers of Session 1 and distributed in the meeting room. 14 Global Catastrophic Risks T he global catastrophic risks in this report can be divided into two categories. Some are on-going and could potentially occur in any given year. Others are emerging and may be very unlikely today but will become significantly more likely in the coming decades. The most significant ongoing risks are natural. The immediate aim of this book is to offer an introduction to the range of global catastrophic risks facing humanity now or expected in the future, suitable for an educated interdisciplinary readership. There are several constituencies for the knowledge presented. Academics specializing in one of.