Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act

Released on by Stephen J. Carroll
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  • Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act Book Detail

  • Author : Stephen J. Carroll
  • Release Date : 2005-11-17
  • Publisher : Rand Corporation
  • Genre : Political Science
  • Pages : 153
  • ISBN 13 : 0833041037
  • File Size : 78,78 MB
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Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act by Stephen J. Carroll PDF Summary

Book Description: 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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