A study on terrorism vulnerability & insurance coverage-an Indian Scenario

Santosh Nayak, Guru Prasad Rao, Sandeep S. Shenoy, Adithya D. Shetty

Research output: Contribution to journalArticle

Abstract

Terrorism risk is demonstrating to be a most important challenge as well as complicated for the insurance industry, society and also the government. Today, terrorism attacks are not only confined to any specific part of the world, but have attained a global status. Governments across the globe have implemented various strategic steps with respect to policies and laws connected to insurance of terrorism. India is also facing the issue of terrorism from past few decades and there is no exception as to cause of loss. This paper attempts to analyze ten growing necessity of terrorism insurance so as to mitigate risk spread across the Nation. Also, the paper makes an attempt to study the present terrorism insurance market as well as issues faced by Indian terrorism market risk pool. The researcher has adopted descriptive method for the study and analyzing the data.

Original languageEnglish
Pages (from-to)435-441
Number of pages7
JournalInternational Journal of Economic Research
Volume14
Issue number20
Publication statusPublished - 01-01-2017

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Scenarios
Vulnerability
Terrorism
Insurance
Government
Attack
Market risk
Insurance market
Insurance industry
India
Globe

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Economics, Econometrics and Finance(all)

Cite this

Nayak, Santosh ; Rao, Guru Prasad ; Shenoy, Sandeep S. ; Shetty, Adithya D. / A study on terrorism vulnerability & insurance coverage-an Indian Scenario. In: International Journal of Economic Research. 2017 ; Vol. 14, No. 20. pp. 435-441.
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A study on terrorism vulnerability & insurance coverage-an Indian Scenario. / Nayak, Santosh; Rao, Guru Prasad; Shenoy, Sandeep S.; Shetty, Adithya D.

In: International Journal of Economic Research, Vol. 14, No. 20, 01.01.2017, p. 435-441.

Research output: Contribution to journalArticle

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