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Reinsurance Of Catastrophic Risks

Author

Listed:
  • Paul Tănăsescu

    (Bucharest Academy of Economic Studies)

  • Cosmin Şerbănescu

    (Bucharest Academy of Economic Studies)

Abstract

Without reinsurance, the profile world market would fail to meet the multiple risks, of high intensity and high production rate. Expanding the business developed by different companies and the first signs of leaving the global financial crisis are factors which should draw attention to the increased risks faced by insurance companies. But the greatest danger comes from the catastrophic risks that will not disappear in any of the previous assumptions as to which requires the development of viable reinsurance programs.

Suggested Citation

  • Paul Tănăsescu & Cosmin Şerbănescu, 2009. "Reinsurance Of Catastrophic Risks," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 12(12(541)(s), pages 413-417, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:413-417
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