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Catastrophe risk, insurance and terrorism
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MAP20071508300
Ericson, Richard V. ‌
Catastrophe risk, insurance and terrorism / Richard V. Ericson, Aaron Doyle
This article empirically investigates how the terrorism activity of September 11, 2001, was addressed by de insurance industry and government in the United States. It shows that the insurance system worked reasonably well in compensating losses suffered, albeit with various tribulations. It also demonstrates that the insurance industry, along with government as the ultimate risk manager, imaginatively reconfigured markets to continue terrorism insurance coverage in many contexts. The findings challenge many of Ulrich Beck's contentions about catastrophe risk and insurability. At the same time, they indicate the fragility of the insurance system
En: Economy and Society. - London. - vol. 33, nº 2, Mayo 2004 ; p. 135-173
1. Terrorismo ‌. 2. Incertidumbre ‌. 3. Mercado de seguros ‌. 4. Riesgos extraordinarios ‌. 5. Gerencia de riesgos ‌. 6. Seguro de riesgos extraordinarios ‌. I. Doyle, Aaron ‌. II. Título.