Authors: Krämer, Walter
Schich, Sebastian
Title: Large-scale disasters and the insurance industry
Language (ISO): en
Abstract: 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.
Subject Headings: disaster
insurance industry
event-study
URI: http://hdl.handle.net/2003/20162
http://dx.doi.org/10.17877/DE290R-15705
Issue Date: 2005
Publisher: Universität Dortmund
Appears in Collections:Sonderforschungsbereich (SFB) 475

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