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; Europe ; Germany …This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … growing number of natural disasters. Using the case of Germany as an example, the paper demonstrates that the obstacles facing …
Persistent link: https://www.econbiz.de/10009733212
of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the … complicate both the supply of and demand for natural disaster insurance, with spillovers to related markets such as real estate …
Persistent link: https://www.econbiz.de/10014281392
. This paper analyzes the status, types, and patterns of market-based disaster insurance schemes across emerging and … Institute on Climate Change and the Environment's Disaster Risk Transfer Scheme Database (2012-2018). Our analysis shows that … a wide variety of climate and disaster risks, without demand-side support, many markets are likely to collapse or, at …
Persistent link: https://www.econbiz.de/10012103046
There has been very little research to test whether ambiguity affects individuals' decisions to insure themselves against the catastrophic effects of climate change. This paper attempts to study how individuals respond to the availability of an insurance that would safeguard their interests if a...
Persistent link: https://www.econbiz.de/10012961721
Persistent link: https://www.econbiz.de/10009159839
In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal Crop Insurance Act of 1980, which significantly expanded and restructured the decades-old federal crop insurance program and adverse weather shocks - over-exposure of crops to heat...
Persistent link: https://www.econbiz.de/10014551978
This study aims to assess the potential role of insurance in alleviating climate change risks in India. It does this by exploring the unique challenges and opportunities that the Indian insurance industry faces in integrating climate risk insurance into its risk management strategies. The study...
Persistent link: https://www.econbiz.de/10014350322
Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes. But no research to date investigates if, and to what extent, there are social inequalities in current climate change-attributed flood impacts. Here, we use climate change...
Persistent link: https://www.econbiz.de/10012668885
Using unique nationwide property-level mortgage, flood risk, and flood map data, we analyze whether lenders respond to flood risk that is not captured in FEMA flood maps. We find that lenders are less willing to originate mortgages and charge higher rates for lower LTV loans that face...
Persistent link: https://www.econbiz.de/10014532009
Flood damage assessments are often based on Stage-Damage Curve (SDC) models that estimate economic damage as a function of flood characteristics, typically flood depths, and land use. SDCs are developed through site-specific analysis but rarely adjusted to economic circumstances in areas to...
Persistent link: https://www.econbiz.de/10011391820