Catastrophic Risks and Insurance

The Spanish Experience in the Management of Extraordinary Risks, Including Terrorism

DOI:https://dx.doi.org/10.1787/9789264009950-19-en

In December 1954, the ‘Consorcio’ became the masterpiece in one of the oldest State backed systems dealing with Extraordinary Risk Cover, terms that in this system include perils of nature (flood, earthquake, volcanic eruption, storms) and ...



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