influenced by climate change. This is also of concern to the insurance sector as it registers a rise in weather-related losses …. The paper summarizes the loss trend and its causes and demonstrates that the insurance sector can contribute to a more …

transaction costs compared to (re)insurance products. Insurance coverage usually incurs costs of acquisition, monitoring and loss … tools in a standard insurance demand theory environment. We concentrate on the problem of basis risk versus transaction cost …

Probleme weitgehend gelöst werden. Die Grundidee einer praktikablen Elementarschadenversicherung ist zweigeteilt: Erstens …

.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. …

This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a … standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … have some catastrophe coverage. Corporate demand for catastrophe insurance is found to be more price inelastic than …

This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … system change are numerous, including failure to recognise the role of state guarantees in enabling private insurance markets …, mistaken legal objections against mandatory insurance, distributional conflicts between central and state governments and re …