Distribution of losses from large terrorist attacks under the Terrorism Risk Insurance Act

The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction...

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Bibliographic Details
Main Author: Carroll, Stephen J.
Format: eBook
Language:English
Published: Santa Monica, CA RAND Center for Terrorism Risk Management Policy 2005, 2005
Subjects:
Online Access:
Collection: JSTOR Open Access Books - Collection details see MPG.ReNa
Description
Summary:The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios
Item Description:"MG-427."
Physical Description:xxxv, 116 pages illustrations
ISBN:9780833038654
0833040987
0833038656