000009758 001__ 9758
000009758 005__ 20141205153151.0
000009758 04107 $$aeng
000009758 046__ $$k2008-10-12
000009758 100__ $$aCoburn, Andrew W.
000009758 24500 $$aPrivate Risk Transfer Markets as Catastrophe Risk Stakeholders

000009758 24630 $$n14.$$pProceedings of the 14th World Conference on Earthquake Engineering
000009758 260__ $$b
000009758 506__ $$arestricted
000009758 520__ $$2eng$$aInsurance companies have a direct interest in mitigating earthquake losses, but the economics of insurance cannot provide sufficient financial incentives for building owners to make significant changes in their property. The greatest need for mitigation is in the emerging markets. Insurers see growth opportunities in these markets so are interested in increasing their presence. The use of private insurance capital by emerging market countries itself provides disaster mitigation by securing the economic growth that makes countries more resilient. Mitigation activities by insurers as they increase their penetration into emerging markets could also extend to involvement in partnership with government to improve building stock quality, particularly in the new vernacular of RC MRF multi-storey construction. Insurance companies can partner with governments, particularly for information provision and education that improves risk perception and decisions. Ultimately risk management metrics of the type used by insurance companies, such as ‘PML’s could provide guidance to authorities in prioritizing and managing the earthquake mitigation process.

000009758 540__ $$aText je chráněný podle autorského zákona č. 121/2000 Sb.
000009758 653__ $$aInsurance, mitigation, emerging economies,

000009758 7112_ $$a14th World Conference on Earthquake Engineering$$cBejing (CN)$$d2008-10-12 / 2008-10-17$$gWCEE15
000009758 720__ $$aCoburn, Andrew W.
000009758 8560_ $$ffischerc@itam.cas.cz
000009758 8564_ $$s178401$$uhttps://invenio.itam.cas.cz/record/9758/files/S01-02-022.pdf$$yOriginal version of the author's contribution as presented on CD, Paper ID: S01-02-022.
000009758 962__ $$r9324
000009758 980__ $$aPAPER