.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. -- natural hazards ; growth … of societal risk transfer mechanisms mitigating the effects disasters. Dynamic panel estimates using growth data from a …

This paper studies whether private adaptation to flood risk is economically efficient. We estimate the return to … the universe of houses and flood damages in high-risk flood zones in the Atlantic and Gulf Coast United States. We find … that undertaking adaptation is socially optimal in the highest risk areas over a house's lifetime, but that individual …

associated with a stronger relationship between premiums and local disaster risk: A one standard-deviation increase in disaster …-through of reinsurance costs. Third, we project that if the reinsurance shock persists, growing disaster risk will lead climate … risk is associated with $500 higher premiums in 2023, up from $300 in 2018. Second, using the rapid rise in reinsurance …

in providing flood insurance in the United States. This topic that has garnered considerable interest given the problems … facing the National Flood Insurance Program (NFIP). There are many advocates of "privatization" in some form as they see it … companies to offer flood insurance on their own paper noting that there are other schemes that could be employed that would fall …

observed event. I use a new nation-wide panel dataset of large regional floods and flood insurance policies to show that … insurance take-up spikes the year after a flood and then steadily declines to baseline. Residents in non-flooded communities in …

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 …