This publication compiles papers and reports from an OECD conference on catastrophic risks and insurance held in 2004. The combination of leading academic analysis, and information and experience sharing by governments and private sector representatives involved in the financial management of catastrophe risks, makes this publication a
Who should compensate the losses stemming from new forms of terrorism? To what extent and under what conditions can insurers and reinsurers continue to cover this exposure? Could financial markets provide additional capacity? Should governments be called upon to participate in the financial coverage of terrorism risk?