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One War We Shouldn't Avoid: A New Approach to Reducing the Cos...
  • 08/07/2009
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One War We Shouldn't Avoid: A New Approach to Reducing the Cos...

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Descripción de One War We Shouldn't Avoid: A New Approach to Reducing the Cos...

In 2005, three major hurricanes -- Katrina, Rita and Wilma -- struck the U.S. Gulf Coast area, causing not just death and destruction, but also leading to insurance payments and federal disaster relief of more than $180 billion. Today, say the authors of a new book titled, At War with the Weather: Managing Large-Scale Risks in a New Era of Catastrophes, the U.S. is even more vulnerable to catastrophic losses. Written by Howard Kunreuther and Erwann Michel-Kerjan, with colleagues Neil Doherty, Martin Grace, Robert Klein and Mark Pauly, At War with the Weather analyzes current thinking about catastrophes and proposes new, long-term solutions for reducing loss and providing financial protection against future disasters.

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insurance knowledge wharton risk management large scale risk loss protection


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