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Catastrophe Insurance : Consumer Demand, Markets and Regulation

Author: Martin F Grace; Robert W Klein; Paul R Kleindorfer; Mike Murray
Publisher: Boston, MA : Springer US, 2003.
Series: Topics in regulatory economics and policy, 45.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
This monograph presents the results of the first significant attempt to examine the nature of the demand for insurance against natural disasters at a detailed, microeconomic level. The subject is homeowners' multiperil insurance used to cover owner-occupied residential property. The analysis seeks to identify factors that affect the consumer demand for coverage using a model that properly reflects the interacting  Read more...
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Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Martin F Grace; Robert W Klein; Paul R Kleindorfer; Mike Murray
ISBN: 9781441992680 1441992685
OCLC Number: 853263948
Description: 1 online resource (ix, 147 pages).
Contents: 1: Introduction --
2: An Overview of Catastrophe Insurance Markets --
3: Regulatory Institutions and Policies --
4: Supply, Demand and Regulation of Catastrophe Insurance --
5: Demand Estimation for Homeowners Insurance Policies --
6: Summary and Conclusions --
Appendix A: Structure-Conduct-Performance Framework --
Appendix B: Introduction to Catastrophe Modeling --
AIR Catastrophe Modeling Technology --
Event Generation Module --
Local Intensity Module --
Damage Module --
Insured Loss Module --
Model Output --
References.
Series Title: Topics in regulatory economics and policy, 45.
Responsibility: by Martin F. Grace, Robert W. Klein, Paul R. Kleindorfer, Michael R. Murray.

Abstract:

Estimates of industry gross losses from the terrorist attack on September 11, 2001 range from $30 billion to $50 billion, and the attack's effect on insurance markets underscores the need to  Read more...

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