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Katastrophe gehen aber weit darüber hinaus. Das Reaktorunglück verursacht über nunmehr drei Jahrzehnte hinweg für weite Teile der …
Persistent link: https://www.econbiz.de/10011693962
Probleme weitgehend gelöst werden. Die Grundidee einer praktikablen Elementarschadenversicherung ist zweigeteilt: Erstens …
Persistent link: https://www.econbiz.de/10011601425
Persistent link: https://www.econbiz.de/10012703369
Die Häufigkeit großer Wetterkatastrophen hat in den letzten Jahrzehnten deutlich zugenommen. Dies betrifft auch die Versicherungsbranche, die einen Anstieg der wetterbedingten Schadensfälle registriert. Der Beitrag fasst die Entwicklung zusammen und zeigt, dass die Versicherungswirtschaft...
Persistent link: https://www.econbiz.de/10010377715
The use of catastrophe bonds (cat bonds) implies the problem of the so called basis risk, resulting from the fact that, in contrast to traditional reinsurance, this kind of coverage cannot be a perfect hedge for the primary’s insured portfolio. On the other hand cat bonds offer some very...
Persistent link: https://www.econbiz.de/10010316284
We model the occurrence of an environmental accident as a stochastic event, in particular the situation of an oil spill …
Persistent link: https://www.econbiz.de/10011608395
This paper explores the issue of whether strict liability imposed on polluters has served to reduce uncontrolled releases of toxics into the environment. To answer this question, we exploit the variation in state hazardous waste site laws across states and over time. We use data on accidents and...
Persistent link: https://www.econbiz.de/10011608451
the Chernobyl disaster on the health and labour market performance of the adult workforce. The variation in the local area … level of radiation fallout from the Chernobyl accident is considered as a potential nstrument to try to establish the causal …
Persistent link: https://www.econbiz.de/10011651573
This event study investigates the impact of the Japanese nuclear disaster in Fukushima-Daiichi on the daily stock …
Persistent link: https://www.econbiz.de/10010421368
reactors in Fukushima, causing a major nuclear accident on 11 March 2011. Based on a quasi-experimental difference …-in-differences approach we use panel data for 5,979 individuals interviewed in Japan before and after the accident to analyze the effect of … the accident on people's subjective well-being. Our main hypotheses are that this effect declines with distance to the …
Persistent link: https://www.econbiz.de/10010435688