The terrorist attacks of September 11,2001 against the United-States made a great impact on both insurance …/reinsurance industry in the world ? as the most costly event never occurred in the insurance history ? and governmental responsabilities … natural disasters. We show in this article that terrorism presents, however, several singularities in an insurance point of …

In the U.S., flood insurance is provided essentially through the National Flood Insurance Program (NFIP), a public …. This paper provides a detailed analysis of the largest flood insurance sample ever studied by focusing on the state of … Florida, which accounts for 40 percent of the entire NFIP portfolio. We study the demand for flood insurance with a database …

This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a … standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … have some catastrophe coverage. Corporate demand for catastrophe insurance is found to be more price inelastic than …

This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a … standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … have some catastrophe coverage. Corporate demand for catastrophe insurance is found to be more price inelastic than …