earthquake protection in Quebec and British Columbia is influenced by the default option and the structure of the insurance plan …. Homeowners in both provinces were given the opportunity to purchase protection against earthquake losses when presented with one … public-private risk pool. The default frame was changed so the homeowner could either opt-in by purchasing this coverage or …

program should be based. Section 3 then focuses on the second question by analyzing the insurability of a risk and examining … Risk Center in conjunction with the Insurance Information Institute and Georgia State University. The concluding section …

threaten the solvency of re- insurance such as a major earthquake, while others derive from common risks-changes in conditions …, cataclysms pose another risk: risk levels change over time. A simulation model traces the implications of evolving risk levels …. Premium risk emerges as an important part of risk, which reinsurance and primary insurance markets do not adequately diversify." …

public sector, it may be economically rational for those at risk not to invest in protective measures. Risk management …. These may include multi-year insurance contracts, well-enforced regulations, third-party inspections, and alternative risk …

This paper discusses the recent changes in the market for catastrophe risk. These risks have traditionally been … protection should not be too high; dollar amounts of risk transfer should not be too small; loss triggers should be beyond …

As climate risk escalates, property insurance is critical to reduce the risk exposure of households and firms and to … information about disaster risk and set prices that accurately reflect the costs of insuring this risk. We use proprietary data on … parcel-level wildfire risk, together with insurance premiums derived from insurers' regulatory filings, to investigate how …