Resource title

Large-scale disasters and the insurance industry

Resource image

Resource description

We investigate the effect of the 20 largest – in terms of insured losses – man-made or natural disasters on the insurance industry. We show via an event study that insurance markets worldwide are quite resilient to unexpected losses to capital and are even outperforming the general market subsequent to great disasters.

Resource author

Walter Krämer, Sebastian T. Schich

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/22602

Resource license

Adapt according to the presented license agreement and reference the original author.