Natural Disasters and the Insurance Industry
Natural Disasters and the Insurance Industry
Overall and insured losses of natural disasters are steadily increasing and reach record highs. The worldwide insurance and reinsurance industry plays an important role to provide immediate financial support to overcome the impact of natural disasters. This chapter provides information about the development of insurance solutions for natural disasters - from a historical perspective up to current insurance schemes, including micro-insurance. It also analyses in detail the impact of natural disasters of the last decades and points out the most affected areas, the costliest and deadliest events, the distribution by peril and the impact in different income groups.
Keywords: Natural disasters, Natural catastrophes, Economic losses, Insured losses, Reinsurance, Disaster loss data, Loss database
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .