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Join the conversation. Increased catastrophe risk poses difficult challenges for insurers, reinsurers, property owners and public officials Kleindorfer and Kunreuther, The fundamental dilemma concerns insurers' ability to handle low-probability, high-consequence LPHC events, which generates a host of interrelated issues with respect to how the risk of such events are 1 These probable maximum loss PML estimates are based on a SOD-year "return" period. Catastrophe insurance: consumer demand, markets and regulation author Martin F.

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Grace; Robert W. Klein; Paul R. Grace ; Robert W. Klein ; Paul R.

Publisher: Springer , This specific ISBN edition is currently not available. View all copies of this ISBN edition:.

Synopsis About this title 1. Synopsis : 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. Buy New Learn more about this copy. About AbeBooks.

Catastrophe Insurance: Consumer Demand, Markets and Regulation

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Grace, Robert W.