Contents; Acknowledgments; Introduction; Abbreviations; 1. The Making of the Turkish Catastrophe Insurance Pool: Risk Reality and Risk Perception; Boxes; Tables; Figures; 2. Objectives and Design: Political Economy and Technical Imperatives; 3. Operational Logistics and Corporate Financial Framework: Key Challenges; 4. Future Challenges: Threats and Opportunities; Appendixes; Bibliography; Index
Summary
The persistent potential for large scale natural disasters has become a real concern for the Turkish government since the late 1990s, which ultimately led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP). Among the main rationale of the creation of the TCIP were a grave government fiscal exposure to natural disasters and a disproportionately low level of catastrophe insurance penetration for such a disaster-prone country. Since the commencement of this program in 2000, the TCIP has provided coverage to more than 2 million households, being by far the largest insurance prog
Bibliography
Includes bibliographical references (pages 109-111) and index
