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A dismal perspective on a boring topic: an economist looks at insurance
Normally, we would like our disaster insurance system to achieve 5 objectives: (1) share the risk of disasters with financial markets; (2) reduce the number of individual and business failures because of disasters and thus also reducing poverty; (3) speed-up and/or improve post-disaster recovery; (4) incentivize risk reduction; and (5) increase productive investment by protecting the financial returns from these investments. This talk will examine these goals and describe some recent research that aims to shed some light on how well our insurance systems are indeed delivering on these objectives.

Nov 20, 2020 11:00 AM in Rome

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