Government Insurance Against Natural Disasters
نویسندگان
چکیده
منابع مشابه
Insurance against Losses from Natural Disasters in Developing Countries
This paper examines the recent experience with insurance and other risk-financing instruments in developing countries in order to gain insights into the effectiveness of these instruments in reducing economic insecurity. Insurance and other risk financing strategies are viewed as efforts to recover from negative income shocks through risk pooling and transfer. Specific examples of public-privat...
متن کاملAgricultural diversity and traditional knowledg.e as insurance against natural disasters
... in terms of prevention preparedness and recovery or rehabilitation from natural disasters in the Pacific Islands that local traditional agricultural diversity and traditional knowledge have considerable value in helping island societies solve the problems presented by natural disasters. At present, however, there is an increasing reliancy by individual island societies (eg. Villages, outer ...
متن کاملInsurance against Losses from Natural Disasters in Developing Countries. Evidence, Gaps and the Way Forward
This paper examines recent experience with insurance and other risk-financing instruments in developing countries, informed by experience in developed countries, to provide insights on the effectiveness of insurance for reducing economic insecurity. Insurance and other risk financing strategies are viewed in the overall context of risk management, including the prevention of losses as well as f...
متن کاملCauses of Underinsurance against Natural Disasters
Why do relatively few individuals voluntarily purchase coverage against natural disasters? This question has important implications for public policy for two principal reasons: Uninsured victims of natural disasters may incur severe financial losses which will affect their future well-being. After a disaster the common lament is, "I wish that I had purchased insurance." General taxpayers may be...
متن کاملThe catastrophic effects of natural disasters on insurance markets
Natural disasters often have catastrophic risks on insurance companies as well as on the insured. Using a very large dataset on homeowners’ insurance coverage by state, by firm, and by year for the 1984 to 2004 period, this paper documents the positive effect on losses and loss ratios of both unexpected catastrophes as well as large events that the authors term “blockbuster catastrophes.” Insur...
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ژورنال
عنوان ژورنال: IMF Working Papers
سال: 2020
ISSN: 1018-5941
DOI: 10.5089/9781513563329.001