Center for Terrorism Risk Management Policy

The Center for Terrorism Risk Management Policy site was archived on November 16, 2009 because the Terrorism Risk Insurance Act was renewed.

Assessing U.S. Intelligence Analysis — Feb. 28, 2008

For all the talk about intelligence analysis, data sharing, and fusion, an analysis of U.S. intelligence agencies shows that attitudes need to change and there is much work to be done. Examining both the people and the tools available, the researchers make a number of recommendations for improving analysis in the post-Cold War era.

The Federal Role in Terrorism Insurance: Evaluating Alternatives in an Uncertain World — 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. 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.

Economically Targeted Terrorism — Jun. 27, 2007

Acts of terrorism, including September 11th, and statements by terrorist organizations have focused attention on the economic damages that terrorist activities can produce. This report describes the range of economic effects of terrorist activities and provides a framework capturing the full range of costs possibly resulting from economic targeting, as well as recommended defensive measures.

Should the Terrorism Risk Insurance Act of 2002 Be Extended? — Jun. 5, 2007

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.

U.S. Should Greatly Expand Efforts to Undermine Support for Terrorism — 2006

The U.S. should move beyond use of conventional counter-terrorism tactics and instead seek to undermine support for Islamic terrorism within Muslim nations. This research, conducted by RAND Project AIR FORCE, outlines how such action is vital to a successful campaign against Islamic terrorism. Part 1 of 2.

Post-Terrorism Litigation and the Role of Civil Liability in Post-9/11 Policy — 2006

The threat of liability from victims of terror attacks can shape multiple layers of policy and precautions. The outcomes of a game-theoretic model of behavior are used to frame a discussion of if civil liability can be an incentive for taking serious precautions against terrorism.

Maritime Terrorism Risk Extends Beyond Dangers Posed to Container Shipping — 2006

Maritime counterterrorism efforts should not only focus on the security of cargo container ships, rail cars and trucks. Cruise ships and ferry boats need more protection against terrorist attacks that could kill and injure many passengers and cause serious financial losses.

National Security and Private-Sector Risk Management for Terrorism — 2006

The recently released report from the Presidential Working Group on Financial Markets will be the starting point for debate next year on the federal Terrorism Risk Insurance Act (TRIA). Much of the discussion around the need for TRIA has focused on whether private markets can provide terrorism insurance, but a chapter by RAND researchers in a new Cambridge University Press book argues that the connection between terrorism insurance and compensation policy and national security provides another rationale for public intervention in insurance markets.

Forum to Focus on Catastrophe Preparedness — 2006

Leaders in homeland security, emergency response, and occupational safety and health will convene in San Francisco on April 7 to discuss individual, worker and employer preparedness for catastrophic risks. The forum is sponsored by RAND, UC-Berkeley, and the California Commission on Health and Safety and Workers’ Compensation (CHSWC).

Areas of Research

The Center will provide research to inform public and private decisionmakers on economic security in the face of the terrorism threat:

  • Terrorism risk insurance. Studies will examine the insurability of terrorism risk and inform the Congressional debate about whether to renew or amend the Terrorism Risk Insurance Act (TRIA) in 2005.
  • Terrorism liability. Studies will examine the complex issues of liability, including the problems that may emerge if chemical, biological, or radiological attacks occur in the future.
  • Compensation. Studies will examine whether an administrative system can be designed for future terrorist attacks and look for lessons from the approaches to compensation adopted in other countries.
  • Security. Research on security will help protect critical infrastructure and improve collective security in rational and cost-effective ways.
  • Terrorism risk management. Research will improve the mathematical models, now in their infancy, for developing risk management tools for terrorist attacks.