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Challenges Facing the Insurance Industry in Managing Catastrophic Risks

In: The Financing of Catastrophe Risk

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  • Paul Kleindorfer
  • Howard Kunreuther

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  • Paul Kleindorfer & Howard Kunreuther, 1999. "Challenges Facing the Insurance Industry in Managing Catastrophic Risks," NBER Chapters, in: The Financing of Catastrophe Risk, pages 149-194, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:7950
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    References listed on IDEAS

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    1. Mayers, David & Smith, Clifford W, Jr, 1990. "On the Corporate Demand for Insurance: Evidence from the Reinsurance Market," The Journal of Business, University of Chicago Press, vol. 63(1), pages 19-40, January.
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    Cited by:

    1. Aglaia Petseti & Milton Nektarios, 2012. "Proposal for a National Earthquake Insurance Programme for Greece," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 37(2), pages 377-400, April.
    2. Poontirakul, Porntida & Brown, Charlotte & Noy, Ilan & Seville, Erica & Vargo, John, 2016. "The role of commercial insurance in post-disaster recovery: Quantitative evidence from the 2011 Christchurch earthquake," Working Paper Series 4980, Victoria University of Wellington, School of Economics and Finance.
    3. Torben Andersen, 2001. "Managing Economic Exposures of Natural Disasters: Exploring Alternative Financial Risk Management Opportunities and Instruments," IDB Publications (Working Papers) 8934, Inter-American Development Bank.
    4. Robert W. Klein & Paul R. Kleindorfer, 1999. "The Supply of Catastrophe Insurance Under Regulatory Constraints," Center for Financial Institutions Working Papers 99-25, Wharton School Center for Financial Institutions, University of Pennsylvania.
    5. Harrington, Scott E. & Niehaus, Greg, 2003. "Capital, corporate income taxes, and catastrophe insurance," Journal of Financial Intermediation, Elsevier, vol. 12(4), pages 365-389, October.
    6. Reimund Schwarze & Carsten Croonenbroeck, 2017. "Economies of Integrated Risk Management? An Empirical Analysis of the Swiss Public Insurance Approach to Natural Hazard Prevention," Economics of Disasters and Climate Change, Springer, vol. 1(2), pages 167-178, July.
    7. Froot, Kenneth A., 2001. "The market for catastrophe risk: a clinical examination," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 529-571, May.
    8. Glismann, Hans H. & Schrader, Klaus, 2001. "Ein funktionstüchtiges System privater Arbeitslosenversicherung," Kiel Working Papers 1076, Kiel Institute for the World Economy (IfW Kiel).
    9. Radoslav Raykov, 2015. "Catastrophe insurance equilibrium with correlated claims," Theory and Decision, Springer, vol. 78(1), pages 89-115, January.
    10. Brown, Jeffrey R. & Kroszner, Randall S. & Jenn, Brian H., 2002. "Federal Terrorism Risk Insurance," National Tax Journal, National Tax Association;National Tax Journal, vol. 55(3), pages 647-657, September.
    11. K. Goda & H. P. Hong, 2008. "Implied Preference for Seismic Design Level and Earthquake Insurance," Risk Analysis, John Wiley & Sons, vol. 28(2), pages 523-537, April.
    12. Amanda Savitt, 2017. "Insurance as a tool for hazard risk management? An evaluation of the literature," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 86(2), pages 583-599, March.
    13. Nathalie de Marcelis-Warin & Erwann Michel-Kerjan, 2003. "Catastrophe risk sharing and public-private partnerships : From natural disasters to terrorism," Working Papers hal-00242981, HAL.
    14. Howard Kunreuther & Erwann Michel-Kerjan & Beverly Porter, 2003. "Assessing, Managing, and Financing Extreme Events: Dealing with Terrorism," NBER Working Papers 10179, National Bureau of Economic Research, Inc.
    15. Martin F. Grace & Robert W. Klein & Paul R. Kleindorfer, 2001. "The Demand for Homeowners Insurance with Bundled Catastrophe Coverages," Working Paper Series: Finance and Accounting 69, Department of Finance, Goethe University Frankfurt am Main.
    16. Jong-Hag Jang, 2018. "An Empirical Analysis of the Property Catastrophe Reinsurance," International Business Research, Canadian Center of Science and Education, vol. 11(1), pages 170-183, January.
    17. Hallowell, Spencer T. & Myers, Andrew T. & Arwade, Sanjay R. & Pang, Weichiang & Rawal, Prashant & Hines, Eric M. & Hajjar, Jerome F. & Qiao, Chi & Valamanesh, Vahid & Wei, Kai & Carswell, Wystan & Fo, 2018. "Hurricane risk assessment of offshore wind turbines," Renewable Energy, Elsevier, vol. 125(C), pages 234-249.
    18. Grislain-Letrémy, Céline, 2012. "Assurance et prévention des catastrophes naturelles et technologiques," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/9073 edited by Villeneuve, Bertrand.

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