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 …

.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. …

-called 'charity hazard' - in a context of different institutional schemes of governmental relief in Austria and Germany. We test … scheme promising full relief which is subject to ad hoc political decision making (as in Germany). Our general finding is …

Zentrales Element zur Verbesserung des Naturgefahrenmanagements in Deutschland ist die Änderung des bestehenden … Risikotransfersystems. Durch den Übergang von der freiwilligen Versicherung zu einer Versicherungspflicht würden neben einer besseren … volkswirtschaftlichen Schäden und der offensichtlichen Probleme des derzeitigen Systems in Deutschland dringend erforderlich. Aufgrund der …

demographische Entwicklung und die gleichzeitige Akkumulation von Wohlstand in den gefährdeten Gebieten. Aber auch der Klimawandel …

It is widely recognized that ?market failure? prevents efficient risk sharing in natural disaster insurance. As a …

gives an economic analysis of the institutional arrangements on the market for natural disaster insurances focusing on … market for natural disaster insurances, in the way that it acts as an obstacle for the proper diffusion and therefore the …

betroffener Länder, Deutschland (reine Marktlösung mit ergänzender staatlicher Notfallhilfe), Österreich (steuerfinanzierter … by the flood event in August 2005, namely Germany, Austria and Switzerland. The comparison focuses on the ability of the … problems the best. Second, a comparison of risk transfer mechanisms used in Germany, Austria and Switzerland shows that the …

response of natural disaster management developed historically and institutionally in the "Kantonale Gebäudeversicherungen" in …