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Insurance coverage for natural disasters remains low in many exposed areas. A limited supply of insurance is commonly identified as a primary causal factor in this low insurance coverage. The French overseas departments provide a rare natural experiment of a well-developed supply of natural...
Persistent link: https://www.econbiz.de/10010772255
Urbanization in exposed areas increases the cost of disasters. For industrial risks, potential victims raise firms’ liabilities. For natural risks, overexposure by some undermines mutualization. Land use policy (particularly exclusion zones) and insurance shape urbanization, but their...
Persistent link: https://www.econbiz.de/10011072620
In France comprehensive house insurance includes coverage against natural disasters. Whereas the French overseas departments are more exposed to natural risks than continental France, only 52% of households in overseas departments have purchased house insurance for their main home in 2006,...
Persistent link: https://www.econbiz.de/10011072940
The French departments overseas are more exposed to natural risks than continental France. Nevertheless, they are less insured against natural disasters. In France, any housing insurance contract includes the coverage against natural disasters. In 2006, only 52% of households in departments...
Persistent link: https://www.econbiz.de/10011074319
This paper studies the impact of earthquakes on farm business assets in rural Indonesia. Using a panel fixed effects … model, we evaluate if the negative consequences of earthquakes extend beyond the immediate event into the medium and long …, reconstruction strategies after large earthquakes seem to provide incentives to small farm business holders to reconstitute and …
Persistent link: https://www.econbiz.de/10011096671
We examine the long-term effects on individual economic outcomes of a set of earthquakes – numerous, large, but mostly … identify the effects of earthquakes, exploiting the quasi-random spatial and temporal nature of their distribution. Affected …
Persistent link: https://www.econbiz.de/10011072006
Persistent link: https://www.econbiz.de/10010752115
Prevention policies against flood, such as dams or levees, are commonly designed by local jurisdictions and for most they exert externalities on neighboring jurisdictions. Each jurisdiction chooses its collective prevention effort depending on the insurance system that covers its inhabitants. As...
Persistent link: https://www.econbiz.de/10010708706
Les Départements d’Outre Mer (DOM) sont plus exposés aux risques naturels que la métropole. Pourtant, les ménages y sont moins nombreux à être assurés contre les catastrophes naturelles. En France, l’assurance habitation inclut obligatoirement la garantie contre les catastrophes...
Persistent link: https://www.econbiz.de/10011072207
Les départements d'Outre-mer (Dom) sont plus exposés aux risques naturels que la France métropolitaine. Pourtant, seuls 52 % des ménages des Dom ont souscrit pour leur résidence principale une assurance habitation, qui inclut obligatoirement la couverture des catastrophes naturelles, alors...
Persistent link: https://www.econbiz.de/10011072657