Global hazards and catastrophic risk : assessments, practitioners and decision making in reinsurance / Mojdeh Keykhah.
Material type: TextSeries: Discussion paper (Belfer Center for Science and International Affairs (U.S.)) ; 2000-22Publication details: [Cambridge, Mass. : Harvard University], 2000Description: 27 leavesReport number: 2000-22DDC classification:- 514.74 21
Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Books | Australian Emergency Management Library | BOOK | 514.74 GLO (Browse shelf(Opens below)) | Available | 011797810 |
Browsing Australian Emergency Management Library shelves, Collection: BOOK Close shelf browser (Hides shelf browser)
"Global Environmental Assessment Project . Environment and Natural Resources Program"--Cover
Cover title
Spiral bound
Includes bibliography (p. 17-23)
Over the last decade, catastrophic natural perils have caused unprecedented losses for the insurance industry. The Hurricane Betsy baseline was supplanted by Hurricane Andrew in 1992. Causing over $19 billion in insured losses, this hurricane prompted an industry wide "cognition of catastrophe". After Andrew, reinsurers invested in the purchase and development of hazard assessments in order to convert the perception of change events towards a framing of a lack of strategic knowledge, and therefore manageable through greater incorporation of scientific expertise. This paper investigates the saliency, credibility and legitimacy of two forms of catastrophe assessments for the Atlantic hurricane risk, and evaluates their effectiveness towards reinsurance decision outcomes
There are no comments on this title.