Commentary

Federal Reserve Bank of St. Louis Review

Volumn 88, Issue 4, 2006, Pages 381-385

  Jaffee, Dwight M ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33747131880     PISSN: 00149187     EISSN: None     Source Type: Journal    
DOI: 10.20955/r.88.381-386     Document Type: Review

References (9)

1. Cummins, J. David. "Should the Government Provide Insurance for Catastrophes?" Federal Reserve Bank of St. Louis Review, July/August 2006, 88(4), pp. 337-79.
2. Cummins, J. David and Weiss, Mary A. (2000), "The Global Market for Reinsurance: Consolidation, Capacity, and Efficiency," in Robert E. Litan and Anthony M. Santomero, eds., Papers on Financial Services. Washington, DC: Brookings Institution Press, pp. 159-209.
3. Francis, Theo. "Boss Talk: CEO Says Allstate Adjusts Storm Plan; Personnel Can't Reach Heart of Disaster, So They Start Claims Work at the Fringes." Wall Street Journal (Eastern edition), September 6, 2005, p. c.1.
4. Froot, Kenneth A. and Posner, Steven. "The Pricing of Event Risks with Parameter Uncertainty." Geneva Papers on Risk and Insurance Theory, December 2002, 27(2), pp. 153-65.
5. Government Accounting Office. "Flood Insurance: Information on the Financial Condition of the National Flood Insurance Program." Report GAO-01-992T, 1999.
6. Ibragimov, Rustam and Walden, Johan. "The Limits of Diversification When Losses May Be Large." Working paper, Harvard University, 2005.
7. Ibragimov Rustam; Jaffee, Dwight M. and Walden, Johan. "Non-Diversification Traps in Markets for Catastrophic Risk." Presented at the National Bureau of Economic Research insurance group meetings, February 2006.
8. Jaffee, Dwight M. and Russell, Thomas. "Should Governments Support the Private Terrorism Insurance Market?" Financier (forthcoming).
9. Samuelson, Paul. "General Proof that Diversification Pays." Journal of Financial and Quantitative Analysis, March 1967, 2(2), pp. 1-12.