Natural catastrophes : risk financing and insurance issues / Oliver H. Rohde, editor.

Includes bibliographical references and index.

Description based on print version record.

NATURAL CATASTROPHES: RISK FINANCING AND INSURANCE ISSUES; NATURAL CATASTROPHES: RISK FINANCING AND INSURANCE ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1 FINANCING NATURAL CATASTROPHE EXPOSURE: ISSUES AND OPTIONS FOR IMPROVING RISK TRANSFER MARKETS; SUMMARY; INTRODUCTION: DEFINING THE PROBLEM AND CURRENT CHALLENGES; THE ROLE OF PRIVATE INSURERS; THE U.S. EXPOSURE TO NATURAL CATASTROPHIC RISK; FINANCIAL MANAGEMENT OF CATASTROPHE LOSSES; ALTERNATIVE RISK TRANSFER TECHNIQUES; GOVERNMENT INTERVENTION IN RISK-TRANSFER MARKETS; LEGISLATIVE OPTIONS.

CONCLUSIONChapter 2 FINANCING RECOVERY AFTER A CATASTROPHIC EARTHQUAKE OR NUCLEAR POWER INCIDENT; SUMMARY; INTRODUCTION; RECENT DEVELOPMENTS; U.S. EARTHQUAKE RISK ASSESSMENT AND EXPOSURE; FINANCING RECOVERY FOLLOWING AN EARTHQUAKE; FINANCING RECOVERY FOLLOWING A NUCLEAR INCIDENT; CHALLENGES IN FINANCING EXTREME EVENT LOSSES; IS FEDERAL EARTHQUAKE INSURANCE FEASIBLE?; POLICY ISSUES AND QUESTIONS; LEGISLATION; APPENDIX. STANDARD PROPERTY INSURANCE EARTHQUAKE AND FLOOD EXCLUSION LANGUAGE; Chapter 3 THE NATIONAL FLOOD INSURANCE PROGRAM: STATUS AND REMAINING ISSUES FOR CONGRESS; SUMMARY.

BACKGROUNDRECENT DEVELOPMENTS; COST AND CONSEQUENCE OF RECENT CATASTROPHIC FLOODS; A NATION EXPOSED TO FLOOD RISK; FINANCIAL STATUS OF NFIP; REMAINING ISSUES FOR POSSIBLE CONGRESSIONAL OVERSIGHT; OPTIONS FOR MANAGING AND FINANCING FLOOD RISK; CONCLUSION; APPENDIX A. NATIONAL FLOOD INSURANCE PROGRAM'S REPETITIVE FLOOD LOSS PROPERTIES; APPENDIX B. KEY PROVISIONS IN THE BIGGERT-WATERS FLOOD INSURANCE REFORM ACT OF 2012; APPENDIX C. CHRONOLOGY OF PUBLIC LAWS THAT REAUTHORIZED THE NATIONAL FLOOD INSURANCE PROGRAM: 2008-2012; INDEX.

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