Financing Natural Catastrophe Exposure : Issues and Options for Improving Risk Transfer Markets.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Expenditures, Public.

Disaster relief.

Insurance companies.

Risk assessment.

Physical Description:

1 online resource (1 online resource (35 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2013.

System Details:

text file

Summary:

Examines current role of private insurers and Federal, State, and local governments in managing disaster risk and dealing with rising cost of financing recovery and reconstruction following natural disasters. Considers various alternative risk (ART) financing options in light of current level of uncertainty concerning probability of catastrophic losses and increased exposure and vulnerability of coastal areas to natural disaster damages, including State-sponsored loss-sharing financing mechanisms and private ART methods, such as insurance-linked securities. Addresses rationale for and against Government intervention in risk transfer markets, and reviews legislative options for Congress. Includes tables and graphs.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. Financing Natural Catastrophe Exposure

Access Restriction:

Restricted for use by site license.