Michel-Kerjan, Erwann - In: Revue d'économie politique 113 (2003) 5, pp. 625-648
. Because of its particular configuration, such a tragedy made of terrorism a new source of large-scale extreme risks. From this … date, and in a catastrophic risk coverage?s perspective, terrorism is often compared with other devasting events like … natural disasters. We show in this article that terrorism presents, however, several singularities in an insurance point of …