The federal role in terrorism insurance : evaluating alternatives in an uncertain world

Lloyd Dixon ... [et al.]

Concerned that the unavailability of terrorism insurance would impede economic recovery and hinder growth after the 9/11 attacks, Congress passed the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA will sunset at the end of 2007 unless Congress takes further action. This book examines the implications of allowing TRIA to expire and of enhancements aimed at improving the availability and affordability of insurance for nuclear, biological, chemical, and radiological (NBCR) attacks. The analysis takes a systematic approach to addressing the deep uncertainties that underlie the market for terror

MoreLess

Year of publication:	2007
Authors:	Dixon, Lloyd S. ; Lempert, Robert J. ; LaTourrette, Tom ; Reville, Robert T.
Institutions:	RAND Center for Terrorism Risk Management Policy (contributor) ; Rand Corporation (contributor)
Publisher:	Santa Monica, CA : RAND Corp
Subject:	Terrorismus \| Terrorism
Description of contents:	Table of Contents [external.dandelon.com]

Online Resource

Check full text access |

More access options

site.ebrary.com

ebookcentral.proquest.com

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

Extent:	Online-Ressource (xxvi, 121 p) ill
Type of publication:	Book / Working Paper
Language:	English
Notes:	Includes bibliographical references (p. 117-121) Cover; Preface; Contents; Figures; Tables; Summary; Acknowledgments; Glossary; Chapter One - Introduction; Federal Role in the Provision of Terrorism Insurance; Contributions of This Monograph; Organization of This Monograph; Chapter Two - Analytic Methods; Approach to Uncertainty Analysis; Interventions, Uncertainties, Outcomes, and Relationships; Government Interventions; Outcome Measures; Key Uncertainties; Relationships in the Model; Experimental Design; Chapter Three - Consequences of Allowing TRIA to Expire; Take-Up Rates with and Without TRIA Distribution of Losses with and Without TRIATrade-Offs Between Taxpayers and Insurers; Cost to Future Policyholders; Summary; Chapter Four - Consequences of Requiring Insurers to Offer Terrorism Coverage for Conventional and NBCR Attacks; Take-Up Rate for a Policy That Covers Conventional and NBCR Attacks; Distribution of Losses for TRIA with NBCR-Attack Coverage; Trade-Offs Between Taxpayers and the Insurance Industry; Extending TRIA to Cover NBCR-Attack Losses When the Cap Is Already Hard; Summary; Chapter Five - Conclusion; Key Findings; Implications of Findings for Recent Legislation Moving ForwardAppendix A - RMS's Probabilistic Terrorism Model; Appendix B - Policyholder Take-Up of Terrorism Insurance; Appendix C - Loss-Distribution Model; Appendix D - Identifying Key Factors Driving Trade-Offs Between Interventions; Appendix E - Calculating Expected Losses with Multiple Probability Distributions; References Electronic reproduction; Available via World Wide Web
ISBN:	978-0-8330-4433-4 ; 978-0-8330-4235-4 ; 978-0-8330-4235-4
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012673818