Catastrophe risks: the case of seisms
Robert Kast
Working Papers from LAMETA, Universtiy of Montpellier
Abstract:
Catastrophes and risks have had a great influence on the evolution of human development. We analyze behaviors in front of risks, then we consider some basic principles that have guided private and public behaviors. Managing risks has become a specialty for finance and insurance, but they are not the only institutions that allow to confront them. We conclude on an example of how public funds, private insurance and reinsurance companies can work together and use financial markets in order to cover financial risks due to seisms.
Pages: 16 pages
Date: 2010-18, Revised 2010
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http://www.lameta.univ-montp1.fr/Documents/DR2010-18.pdf First version, 2010 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:lam:wpaper:10-18
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