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improving the claims-paying capacity of Japan’s earthquake insurance program by using reinsurance, which is currently considered … risk that is currently retained by Japan’s earthquake insurance program into 21 layers, starting with four successive …From the standpoint of reconciling heightened earthquake risk with sound fiscal policy, this paper performs a …
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The rapid growth over recent decades of the impact of natural disasters on economies, especially in vulnerable areas, urges stakeholders to promote innovative solutions involving risk transfers that account for the new risk exposures. These proposed solutions are designed to optimize and...
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