The impact of catastrophes on property insurance.
Material type: TextSeries: ISO insurance issues seriesPublication details: [New York] : Insurance Services Office, 1994Description: 50 pSubject(s):Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Books | Australian Emergency Management Library | BOOK | 368.122 IMP (Browse shelf(Opens below)) | Available | 900006380 |
Introduction -- Background -- Resulting stresses in property insurance mechanism -- Responses/potential solutions to reduce the impact of catastrophes -- Summary and conclusions
Discusses recent catastrophic events and the stresses they have placed on the insurance industry; the potential financial problems insurers, reinsurers, and other risk-bearers would face if a major catastrophe were to hit a heavily populated urban area; steps to prepare for future catastrophic losses; and recommendations for reducing financial losses through better building code enforcement, geographic diversification, changes in coverage, and improvements in catastrophe forecasting and rate setting
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