Dec 2009
Author(s): Cavallo, Eduardo A.; Noy, Ilan
Natural disasters are by no means new, yet the evolving understanding of their relevance to economic development and growth is still in its infancy. This paper summarizes the state of the economic…
Nov 2002
Author(s): Andersen, Torben
This technical paper provides us with an in-depth explanation of how losses due to catastrophes are insured and who absorbs the costs of compensating the insured assets. In the absence of an…