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Insuring the Air Transport Industry Against Aviation War and Terrorism Risks and Allied Perils: Issues and Options in a Post-September 11, 2001 Enviro by Yaw Otu Mankata Nyampong - Paperback
890.75 AED

Insuring the Air Transport Industry Against Aviation War and Terrorism Risks and Allied Perils: Issues and Options in a Post-September 11, 2001 Enviro by Yaw Otu Mankata Nyampong - Paperback

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Category Type
Law
ISBN
9783642445118
Author
Yaw Otu Mankata Nyampong
Publisher
Springer
Description:

This book explores the central problems underlying the insurance of aviation war and terrorism risks and associated perils. It critically analyses the reasons why conventional insurance markets are unwilling or unable to provide sustainable insurance coverage for aviation war and terrorism risks in the aftermath of catastrophic events such as the terrorist events of September 11, 2001. It ...

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PRODUCT INFORMATION

  •  

    Specifications

    Category Type
    Law
    ISBN
    9783642445118
    Languages
    English
    Item EAN
    2724437255076
    People
    Author
    Yaw Otu Mankata Nyampong
    Category Type
    Law
    ISBN
    9783642445118
    Languages
    English
    Item EAN
    2724437255076
    People
    Author
    Yaw Otu Mankata Nyampong
    People
    Publisher
    Springer
    Technical Information
    Binding
    Paperback
    Languages and countries
    Book Language
    English
    Read more
  •  

    Description:

    This book explores the central problems underlying the insurance of aviation war and terrorism risks and associated perils. It critically analyses the reasons why conventional insurance markets are unwilling or unable to provide sustainable insurance coverage for aviation war and terrorism risks in

    This book explores the central problems underlying the insurance of aviation war and terrorism risks and associated perils. It critically analyses the reasons why conventional insurance markets are unwilling or unable to provide sustainable insurance coverage for aviation war and terrorism risks in the aftermath of catastrophic events such as the terrorist events of September 11, 2001. It also examines some of the prominent concepts proposed and/or implemented after 9/11 to determine whether and to what extent these concepts avoid identified pitfalls. Like many of life s essentials, the importance of insurance is most evident when it is not available. The sheer scale and magnitude of the insurance losses that followed 9/11 caused conventional insurance markets (which hitherto had been offering generous insurance coverage for aviation war and terrorism risks to air transport operators for little or no premium) to withdraw coverage forthwith. The ensuing absence or insufficiency of commercial insurance coverage for aviation war and terrorism risks has sparked a global search for viable and sustainable alternatives. Ten years have since elapsed, and despite numerous efforts, the fundamental problems remain unresolved. The book proceeds on the premise that the underlying issues are not entirely legal in nature; they have immense economic, psychological and policy implications that cannot be underestimated. A multidisciplinary approach is therefore used in examining the issues, drawing heavily upon analytical principles adapted from law and economics and behavioural law and economics. It is hoped that the resulting study will be beneficial not only to lawyers and those interested in aviation insurance but also to economists, air transport insurance program managers, capital market investors and governmental policymakers, both at the national and international levels.

    Product Features:
    • Category: Law
    • Binding: Paperback
    • Language of Text: English
    • Author(s): Yaw Otu Mankata Nyampong
    • Publisher: Springer
    • ISBN: 9783642445118
    • Number of Pages: 324
    • Dimensions: 9.21 x 6.14 x 0.72 inches
 

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