Rating: 0 out of 5 stars
0 ratings
Ebook472 pages11 hours
The Financing of Catastrophe Risk
Rating: 0 out of 5 stars
()
About this ebook
Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States.
Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy.
The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.
Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy.
The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.
Related to The Financing of Catastrophe Risk
Related ebooks
The Industrial Organization and Regulation of the Securities Industry The Risks of Financial Institutions Rating: 1 out of 5 stars1/5Business Interruption: Coverage, Claims, and Recovery, 2nd Edition Rating: 0 out of 5 stars0 ratingsProbabilistic risk assessment Third Edition Rating: 0 out of 5 stars0 ratingsMundane Insurance Rating: 0 out of 5 stars0 ratingsERM - Enterprise Risk Management: Issues and Cases Rating: 0 out of 5 stars0 ratingsInfrastructure as an Asset Class: Investment Strategy, Sustainability, Project Finance and PPP Rating: 0 out of 5 stars0 ratingsBusiness Interruption Policy Wordings Rating: 0 out of 5 stars0 ratingsOverhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry Rating: 4 out of 5 stars4/5Budgeting and Planning Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsTrade Credit Insurance A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsOperational Risk Assessment A Clear and Concise Reference Rating: 0 out of 5 stars0 ratingsBasel III A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsManaging Credit Risk in Corporate Bond Portfolios: A Practitioner's Guide Rating: 0 out of 5 stars0 ratingsCorporate Debt Restructuring in Emerging Markets: A Practical Post-Pandemic Guide Rating: 0 out of 5 stars0 ratingsA Lexicon of Economics Rating: 0 out of 5 stars0 ratingsSupplier Risk and Contingency Management Third Edition Rating: 0 out of 5 stars0 ratingsInsurance and Risk Management: The Definitive Australian Guide Rating: 0 out of 5 stars0 ratingsReshaping the Built Environment: Ecology, Ethics, and Economics Rating: 0 out of 5 stars0 ratingsRepurchase agreement Standard Requirements Rating: 0 out of 5 stars0 ratingsProduct Support A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsImplementation of the ASEAN+3 Multi-Currency Bond Issuance Framework: ASEAN+3 Bond Market Forum Sub-Forum 1 Phase 3 Report Rating: 0 out of 5 stars0 ratingsAsset Valuation A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsOptimizing the Aging, Retirement, and Pensions Dilemma Rating: 0 out of 5 stars0 ratingsThe Evidence and Impact of Financial Globalization Rating: 0 out of 5 stars0 ratingsOperational Risk Management System A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsRisk Management Perspectives In Corporate Governance After Global Economic Crisis (Part II) Rating: 0 out of 5 stars0 ratingsInfrastructure Finance: The Business of Infrastructure for a Sustainable Future Rating: 5 out of 5 stars5/5P&C Insurance Fraud Analytics Third Edition Rating: 0 out of 5 stars0 ratingsBusiness Interruption A Complete Guide Rating: 0 out of 5 stars0 ratings
Business For You
The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5How to Write a Grant: Become a Grant Writing Unicorn Rating: 5 out of 5 stars5/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5The Book of Beautiful Questions: The Powerful Questions That Will Help You Decide, Create, Connect, and Lead Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5The Everything Guide To Being A Paralegal: Winning Secrets to a Successful Career! Rating: 5 out of 5 stars5/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Real Artists Don't Starve: Timeless Strategies for Thriving in the New Creative Age Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5
Related podcast episodes
67. Addressing the Housing Affordability Crisis feat. Mark Khuri 0% found this document usefulBig Data: The money-making world of big data is discussed by Evan Davis and guests. 0% found this document usefulPlan to be Lucky - With Jean-Paul Rebillard, President of MedPro Specialty 0% found this document usefulTalking shop with the meteorologists: Extreme weather, technology and more! 0% found this document usefulJohn Hendrickson & Vance Ginn: Should the U.S. Adopt a More Protectionist Trade Policy? 0% found this document usefulThe Biden Administration's Grand Strategy in Three Documents, with Richard Fontaine 0% found this document usefulBloomberg Wall Street Week - December 16th, 2022 0% found this document useful
Related articles
How to Handle Coronavirus Market Meltdown: Advice from the Pros KiplingerArticle
How to Handle Coronavirus Market Meltdown: Advice from the Pros
Feb 28, 2020
7 min readArt Of Pricing Insurance IPOs Business TodayArticle
Art Of Pricing Insurance IPOs
Oct 30, 2017
5 min readCheck Out Your Stock's ESG Report Card KiplingerArticle
Check Out Your Stock's ESG Report Card
Aug 27, 2021
Though not exactly page-turners, corporate sustainability reports are must-reads if you want to align your investments with your values. A sustainability report goes beyond traditional financial numbers to highlight a company's environmental, social
4 min readThe Rise Of The Insurance Premium… … And What You Can Do About It Motor Boat & YachtingArticle
The Rise Of The Insurance Premium… … And What You Can Do About It
Jun 4, 2020
9 min readFuelling Economic Growth Business TodayArticle
Fuelling Economic Growth
Feb 6, 2020
16 min readValuing LIC Business TodayArticle
Valuing LIC
Nov 26, 2020
9 min readUnlocking Lic's Value India TodayArticle
Unlocking Lic's Value
Mar 13, 2021
13 min read“We Want A Poverty-free World On A Liveable Planet’’ Business TodayArticle
“We Want A Poverty-free World On A Liveable Planet’’
Sep 15, 2023
One of the key thrusts of India’s G20 presidency has been the urgent need to reform multilateral development banks (MDBs). And the World Bank features prominently in the New Delhi Declaration. US President Joe Biden is putting in a lot of effort to e
9 min readBeyond Microfinance Business TodayArticle
Beyond Microfinance
Mar 4, 2021
4 min readWho Bears The Loss? India TodayArticle
Who Bears The Loss?
May 16, 2020
3 min readHow To Invest For A Recession KiplingerArticle
How To Invest For A Recession
Aug 1, 2022
A sharp decline in the stock market is often an indicator of an impending recession – that is, a temporary period of economic decline. With the S&P 500 Index falling 1,000 points, or about one-fifth, from January through June, a consensus is emerging
4 min readThe Stock-Buyback Swindle The AtlanticArticle
The Stock-Buyback Swindle
Jul 22, 2019
6 min readHow to Make Investing More Meaningful KiplingerArticle
How to Make Investing More Meaningful
Jan 14, 2020
A longtime client called me to say he wanted to do "more good" in the world with his investment account. He is 52 and giving to charity but only small checks here and there. He plans on leaving some money to his local library in his will, but he is y
3 min readClipped Influence Business TodayArticle
Clipped Influence
Jun 9, 2023
3 min readWhy You Need To Understand A Company’s Payout Policy Finweek - EnglishArticle
Why You Need To Understand A Company’s Payout Policy
Jan 31, 2020
dividends are great. I call them free money, albeit you’re receiving it because you bought a dividend-paying share. The real beauty is that you’ll continue to receive that dividend for as long as you hold the stock and the company continues to pay di
2 min readTake A Closer Look At Hybrids Money MagazineArticle
Take A Closer Look At Hybrids
Feb 26, 2020
4 min readWill Tesla Do to Cars What Apple Did to Smartphones? The AtlanticArticle
Will Tesla Do to Cars What Apple Did to Smartphones?
Apr 17, 2017
6 min readLoan Default Alert! Business TodayArticle
Loan Default Alert!
Oct 14, 2021
7 min readMust Never Lose Sight Of Risk & Crisis Management Business TodayArticle
Must Never Lose Sight Of Risk & Crisis Management
Jan 21, 2021
We are living in an interconnected world with an interdependency which is going to get stronger in the coming years. Leaps in technology, rising influence of social media, access to information at click of a button, progress in transport infrastructu
4 min readTrump Isn't the Only Problem with Trump's Foreign Policy The AtlanticArticle
Trump Isn't the Only Problem with Trump's Foreign Policy
Oct 25, 2017
4 min readConnecting the Dots on Climate Science: The Importance of a Complete Science Narrative Union of Concerned ScientistsArticle
Connecting the Dots on Climate Science: The Importance of a Complete Science Narrative
Sep 5, 2017
3 min readBiden Is Going To Rome For The G-20 Summit. Here’s What We’re Watching Los Angeles TimesArticle
Biden Is Going To Rome For The G-20 Summit. Here’s What We’re Watching
Oct 26, 2021
6 min readThe Evolution of an Idealist Foreign Policy MagazineArticle
The Evolution of an Idealist
Jun 1, 2016
Before he was president of the World Bank, Jim Yong Kim advocated its abolition. Today, he’s roiling the organization by shuffling staff and eschewing old priorities. Is he destroying the bank—or saving it from itself?
18 min readThe U.S. Has No Plan to Prevent the Next Pandemic The AtlanticArticle
The U.S. Has No Plan to Prevent the Next Pandemic
Jul 25, 2022
4 min readAfter Hegemony Foreign Policy MagazineArticle
After Hegemony
Jul 21, 2020
10 min readCommentary: Omicron Proves The World Fails To Face Global Threats With Global Solutions Chicago TribuneArticle
Commentary: Omicron Proves The World Fails To Face Global Threats With Global Solutions
Dec 6, 2021
3 min readCooperation and Healthy Competition Beijing ReviewArticle
Cooperation and Healthy Competition
Mar 25, 2021
7 min readStretching the International Order to Its Breaking Point The AtlanticArticle
Stretching the International Order to Its Breaking Point
Apr 4, 2020
11 min readNew Year's Resolutions Are Predictions About the Future The AtlanticArticle
New Year's Resolutions Are Predictions About the Future
Jan 8, 2018
5 min readIn Trip To China’s Backyard, Biden Team Tests Its ‘Values’ Policy The Christian Science MonitorArticle
In Trip To China’s Backyard, Biden Team Tests Its ‘Values’ Policy
Mar 17, 2021
When a catastrophic tsunami struck Indonesia’s Aceh Province in 2004, killing more than 200,000 people and uprooting hundreds of thousands more, the United States marshaled the forces of partners Japan, Australia, and India to launch one of the large
5 min read
Reviews for The Financing of Catastrophe Risk
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
The Financing of Catastrophe Risk - Kenneth A. Froot
Enjoying the preview?
Page 1 of 1