THE IMPACT OF NATURAL CATASTROPHES AND CLIMATE CHANGE ON INSURERS

Flavia Barna

Annales Universitatis Apulensis Series Oeconomica, 2007, vol. 1, issue 9, 6

Abstract: In last year, a record number of catastrophes caused untold damage and misery around the world. The indications are that national catastrophes will continue to increase in frequency and in terms of their economic impact. This paper discusses the recent changes in the market for catastrophe risk. These risks have traditionally been distributed through the insurance and reinsurance systems.

Keywords: atastrophe; risk; insurance (search for similar items in EconPapers)
JEL-codes: G22 G28 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:alu:journl:v:1:y:2007:i:9:p:6

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