This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory and is designed to eliminate the mistrust that characterizes the insurance industry.
Mastering Catastrophic Risk is a profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their businesses' operations, reputations, and even existence. This updated paperback edition includes a new preface to address threats to business that have emerged or intensified in the past two years including COVID-19.