from space, and investigate whether insurance claim payments for damaged residential property affected the local recovery … and describe the recovery’s determinants. We also find that insurance payments contributed significantly to the process of … effective than insurance-managed repairs in contributing to local recovery. …

We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …