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billion in 2010 dollars. In 1965, no flood insurance was available, so victims had to rely on friends and family, charities …, or federal relief. After that catastrophe, the U.S. government established a new program in 1968—the National Flood … Insurance Program (NFIP)—to make flood insurance widely available. Now, after more than 40 years of operation, the NFIP is today …
Persistent link: https://www.econbiz.de/10008693822
Persistent link: https://www.econbiz.de/10005757111
of the sustainable development, consistent and effective means of prevention have to be set up. The risk recognition is … corresponding means of prevention, we describe the natural risk insurance in France and explain the links between the different …
Persistent link: https://www.econbiz.de/10011073278
Le régime de l’assurance des catastrophes naturelles en France est actuellement en équilibre. Cependant, un évènement majeur peut le déséquilibrer et l’Etat peut être appelé en garantie. Des événements climatiques récents ont conduit à l’élaboration d’une réforme,...
Persistent link: https://www.econbiz.de/10011162155
relatively high risk for flooding. This working paper analyzes the feasibility of providing flood insurance vis-à-vis the … flood insurance risk in terms of location, construction type, and occupancy at each floor level was conducted, and the study …Flood insurance, a component of catastrophe insurance, is universally available in only a few countries. In many …
Persistent link: https://www.econbiz.de/10008562624
authorities and agencies and/or public authorities and civil society for disaster risk reduction. We pay attention to Public …-based natural resource management (CBNRM) and disaster risk reduction (CBDRR), as well as other cooperative initiatives. In many …. The analysis is complemented by examples of PuPs addressed in the ENHANCE case studies in which disaster risk reduction …
Persistent link: https://www.econbiz.de/10010941056
This paper analyses the effect of the West Sumatra public asset insurance program on short-term economic recovery after the September 2009 West Sumatra Earthquake. We use satellite data on yearly differences in nighttimelight intensity as a proxy for economic activity, to investigate the effect...
Persistent link: https://www.econbiz.de/10010925543
countries, where uninsured natural disaster risk remains a leading impediment of economic development. Using a combination of … and regional disaster risk management in Asia. …This paper explores innovations in index-based risk transfer products (IBRTPs) as a means to address important …
Persistent link: https://www.econbiz.de/10010925561
This paper compares alternative risk transfer mechanisms (insurance solutions) in three countries, which were affected … 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 …
Persistent link: https://www.econbiz.de/10005071300
Austria is and always has been specifically exposed to natural hazards mainly due to its topographical location. The frequency and the severity of damages caused by extreme events have significantly increased in the last few decades. For a comprehensive, modern insurance solution to this...
Persistent link: https://www.econbiz.de/10005071302