Kooperativer Bibliotheksverbund

UID:

Umfang: 1 online resource (xx, 432 pages) : , digital, PDF file(s).

Ausgabe: 1st ed.

ISBN: 1-107-35799-3 , 1-107-23819-6 , 1-107-34212-0 , 1-107-34931-1 , 1-139-51954-9 , 1-107-34837-4 , 1-107-34587-1 , 1-299-40343-3 , 1-107-34462-X

Inhalt: In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. He recognises the role of the individual in preparing for disasters, as well as the difficulties individuals have in understanding and dealing with infrequent risks. Written in plain language, this book will appeal to researchers and policy-makers alike.

Anmerkung: Title from publisher's bibliographic system (viewed on 05 Oct 2015). , 1. Climate change and natural disaster risk management -- 2. Climate change impacts on the insurance sector -- 3. Climate change and future costs of natural disasters -- 4. Climate change adaptation through insurance against flooding -- 5. Dealing with uncertainty in flood risk management -- 6. Damage mitigation measures at the household level and climate change adaptation -- 7. Insurance incentives for homeowners to invest in adaptation -- 8. Bounded rationality and demand for flood insurance -- 9. Individual perceptions of flood risk -- 10. Willingness-to-pay (WTP) for insurance against low-probability flood risks -- 11. Market shares of insurance against flood risk under climate change scenarios -- 12. Conclusions. , English

Weitere Ausg.: ISBN 1-316-60088-2

Weitere Ausg.: ISBN 1-107-03327-6

Sprache: Englisch

URL: https://doi.org/10.1017/CBO9781139519540

URL: https://doi.org/10.1017/CBO9781139519540

URL: Volltext  (lizenzpflichtig)

URL: Volltext  (lizenzpflichtig)

UID:

Umfang: XX, 432 S. , graph. Darst.

Ausgabe: 1. publ.

ISBN: 9781107033276

Inhalt: "In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. He recognises the role of the individual in preparing for disasters, as well as the difficulties individuals have in understanding and dealing with infrequent risks. Written in plain language, this book will appeal to researchers and policy-makers alike"--

Anmerkung: Includes bibliographical references and index , Machine generated contents note: 1. Introduction: climate change and natural disaster risk management; 2. Climate change impacts on the insurance sector; 3. Climate change and future costs of natural disasters; 4. Climate change adaptation through insurance against flooding; 5. Dealing with uncertainty in flood risk management; 6. Damage mitigation measures at the household level and climate change adaptation; 7. Insurance incentives for homeowners to invest in adaptation; 8. Bounded rationality and demand for flood insurance; 9. Individual perceptions of flood risk; 10. WTP for insurance against low-probability flood risks; 11. Market shares of insurance against flood risk under different climate change scenarios ; 12. Conclusions. , Machine generated contents note: 1. Introduction: climate change and natural disaster risk management; 2. Climate change impacts on the insurance sector; 3. Climate change and future costs of natural disasters; 4. Climate change adaptation through insurance against flooding; 5. Dealing with uncertainty in flood risk management; 6. Damage mitigation measures at the household level and climate change adaptation; 7. Insurance incentives for homeowners to invest in adaptation; 8. Bounded rationality and demand for flood insurance; 9. Individual perceptions of flood risk; 10. WTP for insurance against low-probability flood risks; 11. Market shares of insurance against flood risk under climate change; 12. Conclusions.

Sprache: Englisch

Fachgebiete: Wirtschaftswissenschaften

Schlagwort(e): Klimaänderung ; Risikoanalyse

URL: Cover

UID:

Umfang: 1 online resource (454 pages)

Ausgabe: 1st ed.

ISBN: 9781107033276 , 9781107348370

Inhalt: In recent years, the damage caused by natural disasters has increased worldwide. This book considers how the most common mechanism for managing risk - insurance - can contribute to designing policies which limit the risks posed by natural disasters, and reduce their impact on society in a changing climate

Anmerkung: Cover -- Managing Extreme Climate Change Risks through Insurance -- Title -- Copyright -- Contents -- Figures -- Tables -- Preface -- Acknowledgements -- Introduction -- 1 Climate change and natural disaster risk management -- 1.1 Background -- 1.2 Future natural disaster risks under climate and socio-economic change -- 1.2.1 Impact of socio-economic developments on natural catastrophe damage -- 1.2.2 Climate change and the frequency and severity of natural disasters -- 1.3 Assessing natural catastrophe risk -- 1.3.1 Expert modelling of natural disaster risk -- 1.3.2 Households' assessments of risk and behaviour -- Individual risk perception -- Individual behaviour under risk and the purchase of natural disaster insurance -- 1.4 Managing natural disaster risks -- 1.4.1 Economic resilience to natural disasters -- 1.4.2 Risk management strategies -- Hazard prevention to reduce the probability of suffering damage and the expected costs of damage -- Mitigation of damage at the household level -- Government compensation for damage -- Diversification of risk management strategies -- 1.5 The role of insurance in adaptation to natural disasters -- 1.5.1 Climate change impacts on the insurance sector -- 1.5.2 Demand for financial coverage in a changing climate -- 1.5.3 The role of insurers in managing natural disaster risk -- 1.6 Outline of this book -- 1.6.1 Research methods -- 1.6.2 Chapter outline and structure of this book -- 2 Climate change impacts on the insurance sector -- 2.1 Introduction -- 2.2 The relevance of climate change for the (international) insurance sector -- 2.2.1 The influence of climate change on natural disaster damage in the past -- 2.2.2 Expected consequences of climate change for insurers -- 2.3 Observed climate change and projections for the Netherlands -- 2.4 Risk-sharing arrangements for weather risks in the Netherlands , 10.1 Introduction , 2.4.1 Extreme precipitation and flooding -- 2.4.2 Windstorms -- 2.4.3 Extreme drought -- 2.4.4 Hailstorms -- 2.4.5 Summary of current risk-sharing arrangements for weather risks -- 2.5 International case studies of the impacts of climate change on the insurance sector -- 2.5.1 Canada -- 2.5.2 United Kingdom -- 2.5.3 United States of America -- 2.5.4 Natural disaster insurance in developing countries -- 2.6 Possible and actual responses by the international insurance industry to climate change -- 2.7 Conclusions -- 3 Climate change and future costs of natural disasters -- 3.1 Introduction -- 3.2 International studies on the potential impacts of climate change on the risks of convective weather -- 3.3 Hailstorm damage insurance and data used in the analysis -- 3.3.1 Hailstorm damage insurance for the agricultural sector in the Netherlands -- 3.3.2 Hailstorm damage data used in the analysis -- 3.3.3 Temperature and precipitation data used in this study -- 3.3.4 Main relations between hailstorm damage and temperature -- 3.4 Estimation results -- 3.4.1 Tobit estimation results of hailstorm damage models -- Statistical model and estimation method -- Forecast performance of hailstorm damage indicators -- Estimation results of models using the observations of the whole year -- Estimation results of models using the high-damage months April to September -- 3.4.2 Comparison of results with international studies -- 3.5 Extrapolations of hailstorm damage using climate change scenarios -- 3.6 Economic implications: Adaptation by agricultural and insurance sectors to the projected increase in hailstorm damage -- 3.7 International studies on the potential impacts of climate and socio-economic change on natural disaster damage -- Projected impacts of climate change on storm damage -- Projected impacts of climate change on flood damage , 6.2.3 Germany -- 6.3 Elevating buildings as a sustainable long-run water management strategy -- 6.4 Willingness of households to invest in elevating houses -- 6.4.1 The survey -- 6.4.2 Sample characteristics -- 6.4.3 Willingness to invest in eliminating flood risk through elevation -- 6.4.4 Factors determining the willingness to invest in elevation -- 6.4.5 Expected impacts of climate change -- 6.4.6 Respondents' perceptions of flood risk and geographical characteristics -- 6.4.7 Risk attitudes: Willingness to purchase flood insurance -- 6.4.8 Socio-economic characteristics -- 6.5 Conclusions -- 7 Insurance incentives for homeowners to invest in adaptation -- 7.1 Introduction -- 7.2 International experience of the undertaking of voluntary mitigation measures and the role of insurance in encouraging mitig -- 7.2.1 Encouraging mitigation through insurance -- 7.2.2 Long-term insurance (LTI) contracts -- 7.3 Damage mitigation measures and flood risk management in the Netherlands -- 7.4 Explanation of the survey -- 7.5 Descriptive statistics for willingness to undertake mitigation measures and an analysis of their effectiveness -- 7.5.1 Mitigation measure 1: Buying sandbags to create a water barrier -- 7.5.2 Mitigation measure 2: Installing water-resistant flooring -- 7.5.3 Mitigation measure 3: Moving laundry and drying machines to a higher floor -- 7.5.4 Mitigation measure 4: Relocating the central heating boiler to a higher floor -- 7.5.5 Summary of willingness to undertake mitigation measures -- 7.5.6 Estimating the potential contribution of mitigation in limiting flood damage -- 7.5.7 Case study of dike-ring area 36 -- 7.5.8 Mitigating flood risk in the 1 in 1,250 norm dike-ring areas under climate change -- 7.6 Statistical model of the decision to mitigate by buying sandbags as a water barrier -- 7.6.1 Estimation results of the probit model , 7.7 Conclusions -- 8 Bounded rationality and demand for flood insurance -- 8.1 Introduction -- 8.2 Insurance purchases for low-probability natural hazard risk, and the theoretical implications -- 8.3 Climate change and the risk of flooding -- 8.4 Estimating demand for flood insurance -- 8.4.1 Applying rank-dependent utility theory -- 8.4.2 Applying prospect theory -- 8.4.3 Implicit risk aversion -- 8.5 Conclusions -- 9 Individual perceptions of flood risk -- 9.1 Introduction -- 9.2 Flood risk and perceptions in the Netherlands -- 9.2.1 Flood risk in the Netherlands -- 9.2.2 Studies on perceived flood risk in the Netherlands -- 9.3 The psychology of the formation of risk perceptions -- 9.4 Explaining the survey and variables used in modelling risk perception -- 9.4.1 Implementation of the survey -- 9.4.2 Sample characteristics -- 9.5 An examination of perceptions of flood risk in the Netherlands -- 9.5.1 Perceived flood risk relative to other risk -- 9.5.2 Qualitative estimate of the perceived flood probability -- 9.5.3 Respondents' perceived flood risk relative to an average citizen -- 9.5.4 The perceived return period of flooding and compliance with the flood safety norm -- 9.5.5 Expected flood damage -- 9.6 Results of statistical analyses of factors determining risk perception -- 9.6.1 Statistical methods -- 9.6.2 Explanatory variables used in the statistical analysis -- 9.6.3 Estimation results -- Model 1 of the perceived flood probability -- Model 2 of the respondents' perceived flood risk compared with an average resident -- Model 3 of respondents' perceptions that the flood return period exceeds the legal safety norm of dike design -- Model 4 of the amount of flood damage that is expected by individuals -- 9.7 Conclusions and policy implications -- 10 Willingness-to-pay (WTP) for insurance against low-probability flood risks , Impacts on future storm and flood damage as a result of socio-economic change -- 3.8 Conclusions -- 4 Climate change adaptation through insurance against flooding -- 4.1 Introduction -- 4.2 Current risk-sharing arrangements for flood damage in the Netherlands -- 4.3 Suggestions for managing risk with private flood insurance -- 4.3.1 Risk spreading and segregation -- 4.3.2 Limiting disaster damage by loss-reducing incentives and monitoring -- 4.4 Problems associated with private flood insurance arrangements and suggestions for possible solutions -- 4.4.1 Risk and uncertainty -- 4.4.2 Information asymmetries: Adverse selection and moral hazard -- 4.4.3 Correlated risks -- 4.5 International experience of flood insurance arrangements -- 4.5.1 United States of America -- 4.5.2 United Kingdom -- 4.5.3 France -- 4.5.4 Germany -- 4.5.5 Summary of risk-sharing arrangements -- 4.6 Conclusions -- 5 Dealing with uncertainty in flood risk management -- 5.1 Introduction -- 5.2 Flood risk management in the Netherlands -- 5.2.1 Climate change and safety standards -- 5.3 The framework of modern portfolio theory -- 5.4 Application of modern portfolio theory to flood risk management -- 5.4.1 States of nature -- 5.4.2 Climate change scenarios -- 5.4.3 The assets: Four flood protection measures -- Asset D+: Reinforcement of dikes -- Asset Cp: Dividing a dike-ring into compartments -- Asset Fp: Reducing vulnerability to flooding of individual properties -- Asset R: Creating upstream retention areas -- 5.4.4 Calculation of the portfolio return and variance -- 5.4.5 Discussion and interpretation of results -- 5.5 Conclusions -- 6 Damage mitigation measures at the household level and climate change adaptation -- 6.1 Introduction -- 6.2 International studies on the effectiveness of flood mitigation measures -- 6.2.1 United States of America -- 6.2.2 United Kingdom

Weitere Ausg.: Print version Botzen, W. J. Wouter Managing Extreme Climate Change Risks Through Insurance New York : Cambridge University Press,c2013 ISBN 9781107033276

Sprache: Englisch

Schlagwort(e): Electronic books

URL: FULL  ((OIS Credentials Required))

UID:

Umfang: xx, 432 p. : , ill.

Ausgabe: Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.

Inhalt: "In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. He recognises the role of the individual in preparing for disasters, as well as the difficulties individuals have in understanding and dealing with infrequent risks. Written in plain language, this book will appeal to researchers and policy-makers alike"--

Anmerkung: Machine generated contents note: 1. Introduction: climate change and natural disaster risk management; 2. Climate change impacts on the insurance sector; 3. Climate change and future costs of natural disasters; 4. Climate change adaptation through insurance against flooding; 5. Dealing with uncertainty in flood risk management; 6. Damage mitigation measures at the household level and climate change adaptation; 7. Insurance incentives for homeowners to invest in adaptation; 8. Bounded rationality and demand for flood insurance; 9. Individual perceptions of flood risk; 10. WTP for insurance against low-probability flood risks; 11. Market shares of insurance against flood risk under climate change; 12. Conclusions.

Sprache: Englisch

Schlagwort(e): Electronic books.

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