Download the Free Fishpond App!
Download on the App Store

Android App on Google play
Catastrophe Insurance: Consumer Demand, Markets and Regulation (Topics in Regulatory Economics and Policy)

Already own it?

Sell Yours
Home » Books » Business » Economics » Microeconomics

Catastrophe Insurance

Consumer Demand, Markets and Regulation (Topics in Regulatory Economics and Policy)

By Martin F. Grace, Robert W. Klein, Paul R. Kleindorfer, Michael R. Murray

Elsewhere $387 $227   Save $160.00 (41%)
or 4 easy payments of $56.75 with What's this?
Free shipping Australia wide
Ships from local warehouse
Order Now for Christmas with e-Gift
Rating:
 
Register or sign-in to rate and get recommendations.
Format: Hardback, 160 pages
Other Information: 1
Published In: United States, 01 June 2003
This monograph presents the results of the first significant attempt to examine the nature of the demand for insurance against natural disasters at a detailed, microeconomic level. The subject is homeowners' multiperil insurance used to cover owner-occupied residential property. The analysis seeks to identify factors that affect the consumer demand for coverage using a model that properly reflects the interacting supply and demand factors. The authors examine key variables and their effects on the quantity, quality, and price of insurance purchased. They consider the sensitivity of demand to prices, demographic characteristics, policy features, and the bundling/unbundling of perils and coverages. They examine insurer and consumer decisions in different markets and regulatory environments - Florida and New York - over a four-year period 1995-1998.

Table of Contents

Preface and Acknowledgements. 1: Introduction. 1. The Problem of Catastrophe Risk. 2. Overview of Study. 3. Summary of Findings. 2: An Overview of Catastrophe Insurance Markets. 1. Characteristics of Residential Property Insurance. 2. Challenges to Insuring Catastrophe Risk. 3. Market Structure. 4. Market Conduct and Performance. 3: Regulatory Institutions and Policies. 1. The Framework for Insurance Regulation. 2.Key Regulatory Policies Affecting Catastrophe Insurance. 3. Regulation in Florida. 4. Regulation in New York. 4: Supply, Demand and Regulation of Catastrophe Insurance. 1. The Supply of Catastrophe Insurance. 2. The Structure of Demand for Homeowners Insurance. 3. Summary. 5: Demand Estimation for Homeowners Insurance Policies. 1. Estimation of Quantity Demanded. 2. Florida Results. 3. New York. 4. Guaranty Funds. 5. Summary. 6: Summary and Conclusions. Appendix A: Structure-Conduct-Performance Framework. Appendix B: Introduction to Catastrophe Modeling. 1. AIR Catastrophe Modeling Technology. 2. Event Generation Module. 3. Local Intensity Module. 4. Damage Module. 5. Insured Loss Module. 6. Model Output. References. Index.

Promotional Information

Springer Book Archives

EAN: 9781402074691
ISBN: 1402074697
Publisher: Kluwer Academic Publishers
Dimensions: 22.05 x 17.32 x 1.52 centimetres (0.40 kg)
Age Range: 15+ years
Tell a friend

Their Email:

Sell Yours

Already own this item?
Sell Yours and earn some cash. It's fast and free to list! (Learn More.)

Review this Product

BAD GOOD
 

Related Searches

 

Webmasters, Bloggers & Website Owners

You can earn a 5% commission by selling Catastrophe Insurance: Consumer Demand, Markets and Regulation (Topics in Regulatory Economics and Policy) on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep!

 

Authors/Publishers

Are you the Author/Publisher? Improve sales by submitting additional information on this title.