We investigate the effect of the 20 largest in terms of insured losses man-made or natural disasters on the insurance … industry. We show via an event study that insurance markets worldwide are quite resilient to unexpected losses to capital and …

In our article we consider insurance as a means of allocating terrorism risk. Terrorism poses a significant challenge … theories we derive models for both the supply of terrorism reinsurance and the demand for terrorism insurance. Using two … insurance to manage their terrorism risk and on the factors that determine the supply for private market terrorism reinsurance. …