2012-05-24T14:57:58Z Copyright (c) 2012, The RAND Corporation RAND Corporation http://www.rand.org/topics/terrorism-risk-insurance.html http://www.rand.org/pubs/corporate_pubs/CP22-2011-09.html Sep 1, 2011 Sep 1, 2011

The 10th anniversary of the 9/11 terrorist attacks warrants a thoughtful review of America's progress and future strategy. In this <em>RAND Review</em> cover story, RAND experts offer perspectives on Afghan-led solutions, ways to counter al Qaeda, air passenger security, and compensation for those affected by terrorism.

http://www.rand.org/news/press/2007/10/10.html Oct 10, 2007 Oct 10, 2007

Taxpayers save money and businesses are better protected with the Terrorism Risk Insurance Act (TRIA) in place than if the act is allowed to expire.

http://www.rand.org/pubs/monographs/MG679.html Oct 10, 2007 Oct 10, 2007

<p>Taxpayers save money and businesses are better protected with the Terrorism Risk Insurance Act (TRIA) in place than if the act is allowed to expire. TRIA allows the insurance industry to play a larger role in compensating losses caused by smaller terrorist attacks by transferring some of the risk for the largest attack to the government.</p>

http://www.rand.org/pubs/documented_briefings/DB525.html Jun 5, 2007 Jun 5, 2007

<p>Interim findings from a RAND Center for Terrorism Risk Management Policy project suggest that the Terrorism Risk Insurance Act performs well on outcomes examined for conventional attacks but not for chemical, biological, radiological, or nuclear ones. </p>

http://www.rand.org/pubs/reprints/RP1233.html Oct 11, 2006 Oct 11, 2006

High take-up rates for terrorism insurance or other forms of compensation for terrorism losses can enhance economic resilience after an attack and encourage national cohesion and post-event solidarity.

http://www.rand.org/pubs/research_briefs/RB9129.html Nov 25, 2005 Nov 25, 2005

How does the Terrorism Risk Insurance Act (TRIA) align with the evolving terrorism threat? Transnational and domestic terrorism trends reveal that TRIA does not provide adequate financial protection, particularly in the face of economically motivated...

http://www.rand.org/pubs/monographs/MG427.html Oct 25, 2005 Oct 25, 2005

<p>The Terrorism Risk Insurance Act (TRIA) creates an effective mechanism for sharing the financial risk that businesses face from terrorism. Still, less than half of all businesses have terrorism insurance; the U.S. government should consider encouraging these businesses to buy coverage. </p>

http://www.rand.org/pubs/monographs/MG393.html Jun 20, 2005 Jun 20, 2005

<p>The terrorism insurance system in the United States is failing to provide businesses with adequate financial protection, leaving the nation vulnerable to economic disruption if there is a major terrorist attack.</p>

http://www.rand.org/pubs/occasional_papers/OP135.html Dec 20, 2004 Dec 20, 2004

<p>Following the 9/11 terrorist attacks, the federal government adopted the Terrorism Risk Insurance Act (TRIA), which requires insurers to make terrorism coverage available to commercial policyholders. In exchange, the federal government will reimburse insurers for a portion of insured losses above a particular threshold. This paper frames the central issues in the debate over whether to extend, modify, or end TRIA, and explores the role of disaster insurance within a system for managing risks created by the possibility of terrorist attacks and compensating losses caused by those attacks.</p>

http://www.rand.org/pubs/research_briefs/RB9153.html Dec 31, 2003 Dec 31, 2003

This study simulates the expected losses from three modes of terrorist attacks and shows how the Terrorism Risk Insurance Act (TRIA) would distribute the resulting losses.

http://www.rand.org/pubs/external_publications/EP20040319.html Dec 31, 2003 Dec 31, 2003

<p>The technical difficulties involved with assessing and pricing terrorism risk are similar to those associated with assessing and pricing natural disaster risk. Like other catastrophe risks (such as those associated with natural disasters), terrorism risk is both difficult to price and difficult to diversify. However, the enactment of the Terrorism Risk Insurance Act of 2002 (TRIA) marked a departure from existing federal catastrophe insurance market policy in several respects.</p>

http://www.rand.org/pubs/external_publications/EP20020924.html Dec 31, 2001 Dec 31, 2001

<p>Investigates the rationale for government intervention in the market for terrorism insurance, focusing on the externalities associated with self-protection.</p>

http://www.rand.org/about/people/c/carroll_stephen_j.html

<em>Senior Economist</em><br>Ph.D. in economics, Johns Hopkins University; M.S. in economics, Illinois Institute of Technology; B.S. in economics, Illinois Institute of Technology

http://www.rand.org/about/people/d/dixon_lloyd.html

<em>Senior Economist</em><br>Ph.D. in economics, University of California, Berkeley; B.A. in political science, B.S. in general engineering, Stanford University