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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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Gorde:
Egile Nagusiak: Carroll, Stephen J., LaTourrette, Tom, Chow, Brian G., Jones, Gregory S., Martin, Craig
Formatua: Online
Hizkuntza:ingelesa
Argitaratua: RAND Corporation 2023
Gaiak:
Political Science
thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPW Political activism / Political engagement::JPWL Terrorism, armed struggle
Sarrera elektronikoa:ONIX_20231005_9780833041036_402
Etiketak: Etiketa erantsi
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Gaia: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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