Jemli, Rim; Chtourou, Nouri; Feki, Rochdi - In: Panoeconomicus 57 (2010) 1, pp. 43-60
The main difficulty for natural disaster insurance derives from the uncertainty of an event’s damages. Insurers cannot precisely appreciate the weight of natural hazards because of risk dependences. Insurability under uncertainty first requires an accurate assessment of entire damages. Insured...