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This paper analyzes the potential to combine catastrophe risk modelling (CAT risk modeling) with economic analysis of vulnerability to poverty using the example of drought hazard impacts on the welfare of rural households in Ethiopia. The aim is to determine the potential for applying a derived...
Persistent link: https://www.econbiz.de/10012571034
This paper discusses how catastrophe crop risk models can be used to assess food security needs at the sovereign level for the purpose of risk transfer. The rationale for a system to evaluate food security needs at the national level is discussed. The role of technology and remote sensing data...
Persistent link: https://www.econbiz.de/10012571768
of assets subject to a baseline level of disaster risk. While cat risk models are used extensively by the insurance and … damages in influencing total disaster costs, and issues related to generalizing disaster response functions across different … domains. The paper ends by noting the large discrepancy between the current state of the literature on disaster impacts on …
Persistent link: https://www.econbiz.de/10012571769
The price of catastrophe risks is viewed by many to be too high and/or too volatile. Catastrophe risk practitioners point out that, contrary to standard insurance, such as automobile insurance, catastrophe re-insurance is exposed to infrequent but potentially very large losses. It thus requires...
Persistent link: https://www.econbiz.de/10012552553
integrity of any participatory insurance scheme for providing risk management in disaster-prone areas such as the Caribbean: 1 …
Persistent link: https://www.econbiz.de/10012572932
attention from the underlying breakdown of incentives. Incentive conflicts explain how securitization went wrong, why credit …
Persistent link: https://www.econbiz.de/10012552219
Persistent link: https://www.econbiz.de/10012572954
Despite its recognized economic and social importance, housing finance often remains underdeveloped in emerging economies. Residential lending remains small, poorly accessible, and depository-based. Lenders remain vulnerable to significant credit, liquidity, and interest rate risks. As a result,...
Persistent link: https://www.econbiz.de/10012559798
Weather risk and incomplete insurance markets are significant contributors to poverty for rural households in developing countries. Weather index insurance has emerged as a possible tool for overcoming these challenges. This paper provides evidence on the impact of weather index insurance from a...
Persistent link: https://www.econbiz.de/10012571033
Despite the existence of numerous quantitative approaches to the categorization of financial reinsurance contracts, often insurance regulators may find the practical implementation of the task to be technically challenging. This research paper develops a simple, affordable, and robust regulatory...
Persistent link: https://www.econbiz.de/10012557967