State-Backed Insurance Schemes The Role of Insurers Insurance Institute of London London Institute Centenary Lecture London, UK 6 March 2007 Robert P. Hartwig, Ph.D., CPCU,…
Policy Implications Fat Tails Tail Dependence Micro Correlations Can we insure these risks? Cooke and Kousky nsf# 0960865 1 These risks have big loss years: NFIP example…
Policy Implications Fat Tails Tail Dependence Micro Correlations Can we insure these risks? Cooke and Kousky nsf# 0960865 1 These risks have big loss years: NFIP example…