Jametti, Mario; Ungern-Sternberg, Thomas von - 2006
): Disaster Insurance: A Tool for Hazard Mit-
igation, The Journal of Risk and Insurance 41(2), 287-303.
[7] IMF (2004 … were obtained from
the official CCR publications and the IMF International Financial Statistics
Yearbook (2004).
We first …]he existence of extensive bankruptcy costs on financial
markets implies that catastrophe risks cannot be insured without the govern …