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How Do Property and Casualty Insurers Manage Risk? The Role of Reinsurance
Abstract: By tempering financial losses, the insurance industry lends resilience to the economy and helps homeowners and businesses recover from natural disasters and other catastrophes. In order to do this, however, the insurance industry must itself be resilient.
Keywords: Insurance;
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https://www.chicagofed.org/publications/chicago-fed-letter/2015/334
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Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2015
Order Number: 334