financial approaches that bring the insurance industry closer to the securities industry. This article discusses the new …

This paper analyses the effect of the West Sumatra public asset insurance program on short-term economic recovery after … exploits the discontinuity in insurance coverage at the provincial border. We find a small, statistically significant and … positive effect of the public insurance scheme on the short-term recovery in West Sumatra. …

and regional disaster risk management in Asia. … insurance market imperfections that have precluded the emergence and sustainability of formal insurance markets in developing … countries, where uninsured natural disaster risk remains a leading impediment of economic development. Using a combination of …

This paper compares alternative risk transfer mechanisms (insurance solutions) in three countries, which were affected … institutional solutions to dampen economic shocks caused by natural hazard events. First, idealized types of obligatory insurance … transaction costs. The results suggest that an obligatory insurance system with integrated prevention is able to overcome these …

comprehensive, modern insurance solution to this problem, however, the political framework is still lacking. Österreich war und ist …

-transfer system. A transition of the current voluntary insurance system into a compulsory insurance system would make the hedging of … problems of the current insurance system in Germany. Against the background of the institutional situation in Germany the … article shows that a compulsory insurance system is the best answer to solve the existing problems. Together with the …

Up until the appearance of early insurance, fi nancial relief for victims of natural hazards was characterised by two … help to victims was left to private charity. "Insurance" at this time meant that those who were lucky to escape the forces … systematic response of natural disaster management developed historically and institutionally in the "Kantonale …

Versicherung. Im Ergebnis plädieren die Autoren für eine Pflichtversicherung, die jedoch zwingend mit risikodifferenzierten Tarifen …