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How CBO Analyzes Public-Private Risk Sharing in Insurance Markets

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  • Congressional Budget Office

Abstract

In some insurance markets, the federal government and private insurance companies share the financial risk of covering insured parties. In this report, CBO outlines how it analyzes three different forms of public-private risk sharing that are used to provide terrorism insurance, crop insurance, and flood insurance. The agency also describes how each form of risk sharing affects the federal budget.

Suggested Citation

  • Congressional Budget Office, 2022. "How CBO Analyzes Public-Private Risk Sharing in Insurance Markets," Reports 57615, Congressional Budget Office.
  • Handle: RePEc:cbo:report:57615
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    File URL: https://www.cbo.gov/system/files/2022-11/57615-Public-Private-Risk-Sharing.pdf
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    More about this item

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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