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This publication contains an in-depth analysis of the assessment, management and compensation of the so-called "expanding systemic risks", to which market players and insurers are exposed.

This comprehensive study responds to the growing concerns of econonomic, financial, political and social actors regarding the ever increasing exposure to new expanding risks. These risks are particularly related to natural disaster/environment pollution, technology, health and terrorism.  For insurers the difficulty is encountered in adequately appraising and covering the potential liability stemming from these risks.  It also sketches out some policy recommendations for decision markers in governments and in the business community on how to limit, prevent and manage such risks. In this perspective it will consittute a unique reference work for the attention of both OECD countries and emerging economies.