Natural and Large Catastrophes – Changing Risk Characteristics and Challenges for the Insurance Industry

Author: Coomber, John R

Source: The Geneva Papers on Risk and Insurance - Issues and Practice, Volume 31, Number 1, January 2006 , pp. 88-95(8)

Publisher: Palgrave Macmillan

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Abstract:

The insurance industry is confronted with ever bigger losses due to large disasters as well as with a series of new risks whose risk profile is extremely difficult to quantify. This paper deals with the emergence of these new risks and the challenges that the industry will face in managing them.The Geneva Papers (2006) 31, 88–95. doi:10.1057/palgrave.gpp.2510067

Document Type: Research article

DOI: http://dx.doi.org/10.1057/palgrave.gpp.2510067

Affiliations: 1: aSwissRe, Mythenquai 50/60, PO Box CH-8022, Zurich, Switzerland., Email: Silvia_Kauer@swissre.com

Publication date: 2006-01-01