Research and Markets Offers Catastrophe Risk and Reinsurance Analysis

March 23, 2005

Dublin-based Research and Markets has announced the addition of Catastrophe Risk and Reinsurance: A Country Risk Management Perspective to their offering. See:

The report includes “the latest invaluable insights into catastrophe reinsurance, Catastrophe Risk and Reinsurance provides a wealth of risk management expertise gained from many of the largest international catastrophe risk transfer programmes,” said R&M’s bulletin.

Highlights of the report include the following:
— Outlines the key challenges involved in building national catastrophe insurance schemes and suggests how disaster-prone countries can manage their exposures to reduce the cost of risk by following the classical corporate risk management model.
— Demonstrates the importance of public-private partnerships in catastrophe risk financing by suggesting the roles of government and private risk markets.
— In addition to risk financing, this title uniquely covers the role of risk reduction and prevention in disaster prone countries.

The contents include:
Section 1: The institutional perspective on national catastrophe risk management:
“Building Effective Catastrophe Insurance Programmes at the Country Level: A Risk Management Perspective;
“Catastrophe Risk Retention and Catastrophe Pools.”

Section 2: Catastrophe risk measurement:
“Catastrophe Risk Models for Asia from a User Perspective;”
“The Application of Probabilistic Earthquake Risk Models in Managing Earthquake Insurance Risks in Turkey;”
“Quantifying the Catastrophe Exposures from Cyclones, Earthquakes and Floods in 4 Indian States.”

Section 3: Risk reduction vs. risk Transfer: which strategy works best?
“The National Flood Insurance Programme: A Model for Risk Management;”
“Flood Risk — Optimising a National Insurance Programme;”
“Integrating Mitigation with Risk Transfer Instruments;”
“Development Enhancing Risk Management;”
“New Approaches to Promote Disaster Risk Mitigation: Lessons learned in the Europe and Central Asia Region.”

Section 4: Public-private partnerships in catastrophe risk management:
“Retrocession vs. Alternative Markets in Managing a Reinsurer’s Accumulations;”
“Florida Hurricane Catastrophe Fund: Lessons and Experience;”
“Insuring the Uninsurable: The French Natural Catastrophe Insurance System;”
“A Reinsurer’s Perspective on the Turkish Catastrophe Insurance Pool;”
“Government as Reinsurer of Last Resort: The Japanese Experience;”
“The Viability and Likely Pricing of “Cat Bonds” for Developing Countries.”

Section 5: Managing moral hazard and product distribution costs: key operational challenges:
“Evidence of Market Response to Coverage Value in Some Major Catastrophe Insurance Programmes:”
“Self-Insurance Funds in Mexico;”
“Providing Access to Catastrophic Insurance Coverage for the Poor: Key Factors for Success.”

Was this article valuable?

Here are more articles you may enjoy.