Distribution of losses from large terrorist attacks under the Terrorism Risk Insurance Act / (Record no. 300041)

MARC details
000 -LEADER
fixed length control field 04252cam a2200541 a 4500
001 - CONTROL NUMBER
control field rnd000000000111535
003 - CONTROL NUMBER IDENTIFIER
control field RAND
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20160615135106.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 051026s2005 caua b 000 0 eng d
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2005029744
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 0833038656 (pbk. : alk. paper)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 0833041037 (electronic bk.)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780833038654
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780833041036 (electronic bk.)
027 ## - STANDARD TECHNICAL REPORT NUMBER
Standard technical report number RAND/MG-427-CTRMP
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) a499684
037 ## - SOURCE OF ACQUISITION
Terms of availability $20.00
Form of issue paperback
040 ## - CATALOGING SOURCE
Original cataloging agency CstmoR
Transcribing agency CstmoR
043 ## - GEOGRAPHIC AREA CODE
Geographic area code n-us-ca
049 ## - LOCAL HOLDINGS (OCLC)
Holding library Alfaisal Main Library
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number KF1215
Item number .D57 2005
245 00 - TITLE STATEMENT
Title Distribution of losses from large terrorist attacks under the Terrorism Risk Insurance Act /
Statement of responsibility, etc Stephen J. Carroll ... [et al.].
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE STATEMENTS
Place of production, publication, distribution, manufacture Santa Monica, CA :
Name of producer, publisher, distributor, manufacturer RAND,
Date of production, publication, distribution, manufacture 2005.
300 ## - PHYSICAL DESCRIPTION
Extent xxxv, 116, pages :
Other physical details illustrations ;
Dimensions 28 cm
336 ## - CONTENT TYPE
Content Type Term text
Content Type Code txt
Source rdacontent
337 ## - MEDIA TYPE
Media Type Term computer
Media Type Code c
Source rdamedia
337 ## - MEDIA TYPE
Media Type Term unmediated
Media Type Code n
Source rdamedia
338 ## - CARRIER TYPE
Carrier Type Term online resource
Carrier Type Code cr
Source rdacarrier
338 ## - CARRIER TYPE
Carrier Type Term volume
Carrier Type Code nc
Source rdacarrier
500 ## - GENERAL NOTE
General note "RAND Center for Terrorism Risk Management Policy."
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references (p. 113-116).
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note Introduction -- The Terrorism Risk Insurance Act -- Terrorist Attack Scenarios -- The Distribution of Terrorist Attack Losses Under TRIA -- Distribution of Losses Under Possible Modifications to TRIA -- Conclusions and Implications for TRIA -- Appendix A: Estimating Losses and Insurance Compensation for Large Terrorist Attacks -- Appendix B: The RAND Anthrax Casualty Model and Casualty Distributions in the Indoor and Outdoor Anthrax Attacks -- Appendix C: Derivation of Equations (4.3) and (4.6)
520 ## - SUMMARY, ETC.
Summary, etc Following the 9/11 attacks and the substantial losses incurred, insurers questioned their ability to pay claims in future attacks and began to exclude terrorism coverage from commercial insurance policies. The fear that a lack of insurance coverage would threaten economic stability and growth, urban development, and jobs led the federal government to adopt the Terrorism Risk Insurance Act (TRIA) of 2002. The pending expiration of TRIA requires that policymakers assess the effectiveness of TRIA and decide whether to extend, modify, or terminate it. A central issue for this assessment is how TRIA will redistribute losses among the different parties under different circumstances. To provide an accurate basis on which to determine the effects of TRIA, the authors simulate the expected losses and the distribution of losses among stakeholder groups for each of three attack modes: an aircraft impact on a major office building, an indoor anthrax attack on a major office building, and an outdoor anthrax attack in a major urban area. The study's results show that the ultimate distribution of losses under TRIA depends on the attack mode and cumulative annual losses. The authors also estimate the loss distribution that would result when different provisions of TRIA are changed. Based on this analysis, overall, the role of taxpayers is expected to be minimal in all but very rare cases, such as serial large attacks on major buildings, highly effective large outdoor anthrax releases, or nuclear detonations. In addition, while TRIA helps reduce uninsured terrorism losses by making coverage available and by limiting target insurers' exposure, the analysis in this study shows that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios examined.
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE
Additional physical form available note Also available on the internet via WWW in PDF format.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Insurance, Casualty
General subdivision Law and legislation
Geographic subdivision United States.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Risk (Insurance)
Geographic subdivision United States.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Risk management
Geographic subdivision United States.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Terrorism insurance
Geographic subdivision United States.
655 #7 - INDEX TERM--GENRE/FORM
Genre/form data or focus term Electronic books.
Source of term local
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Carroll, Stephen J.,
Dates associated with a name 1940-
Relator term author.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name LaTourrette, Tom,
Dates associated with a name 1963-
Relator term author.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Chow, Brian G.
Relator term author.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Jones, Gregory S.
Relator term author.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Martin, Craig W.
Relator term author.
710 ## - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Rand eBooks.
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://ezproxy.alfaisal.edu/login?url=http://www.rand.org/publications/MG/MG427/">http://ezproxy.alfaisal.edu/login?url=http://www.rand.org/publications/MG/MG427/</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type eBooks

No items available.

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