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This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...

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L'émergence d'un plus large spectre de vulnérabilités (terrorisme, sabotage, conflits locaux et catastrophes naturelles) et l'interdépendance croissante de l'activité économique rendent particulièrement vulnérables les grands réseaux vitaux des pays industrialisés. Pour y faire face,...

This landmark book covers a range of issues concerning the consequences of terrorist attacks. Beginning with a discussion of new policies and strategies, it then delves into specific areas of concern, modeling a range of possible scenarios and ways to mitigate or pre-empt damages.

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. Because of its particular configuration, such a...

The series of unprecedented catastrophes that occurred in the us since 2001 have triggered historical economic and insured losses. Today there is a strong national debate about the role and responsibilities of the public and private sectors in providing financial protection against future...

This paper focuses on how developing countries can change the way they prepare for disasters so they are better equipped to sustain economic growth. It discusses the importance of considering the goals of key decision makers and the need to understand the perceptions, systematics biases, and...