public-private risk pool. The default frame was changed so the homeowner could either opt-in by purchasing this coverage or … opt-out of being given this protection and receiving a premium discount. Assigning participants to a public-private risk …

the optimum subsidy scheme that can insure a given take-up for a new weather insurance for rice producers. We build a …. Results show that the optimum current subsidy necessary to achieve a desired take-up rate depends on both past subsidy levels … and past payout rates, implying that subsidy levels should vary locally year-to-year …

associated with a stronger relationship between premiums and local disaster risk: A one standard-deviation increase in disaster … risk is associated with $500 higher premiums in 2023, up from $300 in 2018. Second, using the rapid rise in reinsurance … prices as a natural experiment, we show that the increase in the risk-to-premium gradient was largely caused by the pass …

insuring against natural disasters with catastrophe (CAT) bonds. We calibrate the model by reference to the risk of earthquakes …

public sector, it may be economically rational for those at risk not to invest in protective measures. Risk management …. These may include multi-year insurance contracts, well-enforced regulations, third-party inspections, and alternative risk …