Showing 1 - 10 of 546,596
; Europe ; Germany …This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … growing number of natural disasters. Using the case of Germany as an example, the paper demonstrates that the obstacles facing …
Persistent link: https://www.econbiz.de/10009733212
of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the … complicate both the supply of and demand for natural disaster insurance, with spillovers to related markets such as real estate …
Persistent link: https://www.econbiz.de/10014281392
. This paper analyzes the status, types, and patterns of market-based disaster insurance schemes across emerging and … Institute on Climate Change and the Environment's Disaster Risk Transfer Scheme Database (2012-2018). Our analysis shows that … a wide variety of climate and disaster risks, without demand-side support, many markets are likely to collapse or, at …
Persistent link: https://www.econbiz.de/10012103046
natural catastrophes. Amidst budgetary cuts, there is a growing concern on societies' ability to design solvent disaster …
Persistent link: https://www.econbiz.de/10010517703
This paper surveys state-mandated programs designed to provide natural catastrophe insurance to property owners and businesses unable to find a policy in the private market. The paper provides an overview of the 10 state programs offering wind or earthquake coverage and outlines the motivation...
Persistent link: https://www.econbiz.de/10014190974
This paper addresses the urbanization of areas exposed to natural disasters and studies its dependency on land-use and insurance policies. The risk-map paradox that we describe explains why an insurance system with simplistic maps and tariffs is the rule. Indeed, in practice we observe simple...
Persistent link: https://www.econbiz.de/10012971784
costs but also to natural disaster risks. Costly insurance and charity donation both lead to low insurance purchase. While …
Persistent link: https://www.econbiz.de/10012852159
This paper provides a welfare analysis of solvency regulation for catastrophe insurance. We consider an economy with risk-averse agents exposed to a common source of risk and an insurer owned by risk-averse shareholders. We show that the optimal insurance contract features full coverage and is...
Persistent link: https://www.econbiz.de/10012824092
The paper analyzes the scope for the private market for pandemic insurance and discusses the potential role of the financial market and the government. Building on a premise that pandemics are classified as catastrophic risks by the insurance industry, we start by providing a framework that...
Persistent link: https://www.econbiz.de/10013237713
.3%-0.4%. Mandatory insurance regimes in Europe absorb the negative short-run effect of a flood, while the National Flood Insurance … proposition that ex ante risk transfer policies are more efficient than ex post disaster relief. -- natural hazards ; growth …
Persistent link: https://www.econbiz.de/10009731161