INSURANCE COVERAGE AGAINST THE RISK OF NATURAL DISASTERS
Antonio Coviello, Giovanni Di Trapani
Pages: 1263-1275 Published: 28 Nov 2014
Views: 2,327 Downloads: 532
Abstract: The phenomena of natural origin are part of life on Earth, but their effects can become destructive interacting with a man-made territory and often unprepared. There are different definitions of a natural disaster on the basis of different approaches; consider specifically that of Turner (1976): the impact of an extreme event concentrated in space and time, which greatly exceeds human expectations in terms of magnitude and frequency and that has a profound impact on the socio-economic system.