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systemic impact on the insurance industry. In this paper, we provide a micro-economic foundation for a flood risk insurance …
Persistent link: https://www.econbiz.de/10013491728
Rainfall is an important source of covariate shock in developing countries. Insurance against a rainfall index has …, therefore, held much promise as a formal insurance product to protect the livelihoods of poor farmers. But how good is rainfall … index insurance. Using district crop yields and rainfall data for India, we find that tail dependence characterizes the …
Persistent link: https://www.econbiz.de/10015053889
disaster risk resilience (DRR). This paper tries to emphasise the importance of DRR in dealing with natural catastrophesby … methods for financing based on experiences of other countries. Then the focus of the paper shifts towards insurance and … sectors.Despite the suite of reforms that have been initiated in shifting towards resilient infrastructure and disaster funds …
Persistent link: https://www.econbiz.de/10012436024
through post-disaster financing (including ex post borrowing and tax increases). In other words, sovereign insurance should …-neutral assumption does not hold, thus making rational the use of ex ante risk financing instruments, including sovereign insurance. The … paper discusses the optimal level of sovereign insurance. It argues that, because sovereign insurance is usually more …
Persistent link: https://www.econbiz.de/10010521564
through post-disaster financing (including ex post borrowing and tax increases). In other words, sovereign insurance should …-neutral assumption does not hold, thus making rational the use of ex ante risk financing instruments, including sovereign insurance. The … paper discusses the optimal level of sovereign insurance. It argues that, because sovereign insurance is usually more …
Persistent link: https://www.econbiz.de/10012552793
Persistent link: https://www.econbiz.de/10012244431
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