Disaster Insurance
topic on 1 show · 1 statements across 1 episodes
1 statements about Disaster Insurance, every show
Boomhauer: Correlated disaster risks break the law of large numbers for insurers
“One of the fundamental differences between disaster insurance and insurance for other risks is that these are risks that are correlated, right? And so imagine being an insurer who's writing insurance policies for everyone who lives in a given city. If you're c…”