Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act
The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction...
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| Other Authors: | , , , |
| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
RAND Corporation
2005
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| Subjects: | |
| Online Access: | DOAB: download the publication DOAB: description of the publication |
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| Summary: | The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios examined. |
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| ISBN: | MG427CTRMP 9780833041036 9780833038654 |
| Access: | Open Access |