||||"Jarzabkowskis work is striking for at least two reasons. First, the question of how society protects itself from the cost of natural disasters is becoming very important, given the climate change challenges that the United Nations has been debating this wee
Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is a criti...
[PDF.vl11] Making a Market for Acts of God: The Practice of Risk Trading in the Global Reinsurance Industry Rating: 4.91 (538 Votes)
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