Alternative Risk Transfer Mechanisms for Seismic Risks

Nell, Martin und Richter, Andreas (2001): Alternative Risk Transfer Mechanisms for Seismic Risks. In: Kleindorfer, Paul R. und Sertel, Murat R. (Hrsg.): Mitigation and Financing of Seismic Risks: Turkish and International Perspectives. NATO Science Series: IV, Bd. 3. Dordrecht: Springer. S. 237-253

Abstract

Damages inflicted by natural catastrophes in recent years have accounted for economic losses of a size heretofore unknown.1 During this period, one could detect an increasing frequency of catastrophic events as well as an increase in the average amount of loss per event; the latter largely stemming from the geographic concentration of values in catastrophe-prone areas. For the case of earthquakes no significant trends in the number of occurrences are observed, but the influence of concentration of values on damages was demonstrated in a dramatic way in 1999: Although the number of severe earthquakes was not unusual, these events, among them the dreadful disaster in Izmit (Turkey), were perceived as a very singular accumulation, since in a short time span several densely populated areas were hit.

• Dokumententyp: Buchbeitrag
• Fakultät: Betriebswirtschaft > Institut für Risikomanagement und Versicherung
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• ISBN: 978-0-7923-7099-4 ; 978-0-7923-7098-7 (print) ; 978-94-010-0806-8 (online)
• Ort: Dordrecht
• Sprache: Englisch