TRIA and Beyond: Terrorism Risk Financing in the U.S.
Published: August 01, 2005 in Knowledge@Wharton
By: Howard Kunreuther
Research Center: Insurance and Risk Management Department
Since September 11th, 2001, members of the Wharton Risk Management and Decision Processes Center team have been studying the issue of terrorism insurance as part of a longer range Wharton Risk Center project on Managing and Financing Extreme Events. The goal of this report on TRIA and Beyond is to provide policymakers, key industry representatives and other interested parties with an analysis of the roles that the public and private sectors can play with respect to terrorism risk coverage in the United States in the post-9/11 world.