TRIA and Beyond: What Would Be the Most Effective Way for the Nation to Recover From (Mega)-Terrorist Attacks?
- Topics:
- Insurance,
- Terrorism Insurance
- Tags:
- Attack,
- Terrorist Attack,
- Terrorism Risk Insurance Act,
- Terrorism,
- Security,
- Risk,
- Insurance,
- Homeland Security,
- Government,
- Financial Planning,
- ...
- Source:
- University of Pennsylvania
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Overview: Estimating the risk of a terrorist attack is problematic because of limited historical data, divergent models, and differing expert judgments on the likelihood and impact of an attack. Therefore, professionals seeking to manage the risk are further challenged by uncertainty over whether to buy insurance, by how to conduct appropriate inspections and audits of the property, and by which regulations and standards may apply. In offering terrorism coverage, insurance companies must consider a range of factors including the potential for significant national disruption resulting from a "Mega" attack.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 44KB | Date: Feb 2005 | Pages: 12
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