PARAMETRIC INSURANCE COVER FOR NATURAL CATASTROPHE RISKS

With economic losses of over USD 370 bn caused by 325 catastrophic events, 2011 ranks as the worst ever year in terms of costs to society due to natural catastrophes and man-made disasters. Inthe same time, 2011 is the second most expensive year in the history for the insurance industry, with insure...

Full description

Bibliographic Details

Published in:	Global Economic Observer
Main Authors:	Serghei Margulescu, Elena Margulescu
Format:	Article
Language:	English
Published:	Nicolae Titulescu University 2013-11-01
Subjects:	natural catastrophes pre - disaster instruments parametric insurance public - private partnership risk modelling
Online Access:	http://www.globeco.ro/wp-content/uploads/vol/split/vol_1_no_2/geo_2013_vol1_no2_art_011.pdf