Managing catastrophe risks: the case of seisms
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Robert Kast

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Institut Français de Pondichéry / Centre de Sciences Humaines
:2011
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16 p.
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USR 3330 "Savoirs et Mondes Indiens" Working papers series n°3

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English

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(Not for sale). Available online at http://hal.archives-ouvertes.fr/hal-00610221

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Catastrophes and risks have had a great influence on the evolution of human development. We analyze behaviors in front of risks, then we consider some basic principles that have guided private and public behaviors. Managing risks has become a specialty for finance and insurance, but they are not the only institutions that allow to confront them. We conclude on an example of how public funds, private insurance and reinsurance companies can work together and use financial markets in order to cover financial risks due to seisms.

financial economics, financial institutions and services, insurance, insurance Companies