Flood Catastrophe Model for Designing Optimal Flood Insurance Program: Estimating Location-Specific Premiums in the Netherlands

As flood risks grow worldwide, a well-designed insurance program engaging various stakeholders becomes a vital instrument in flood risk management. The main challenge concerns the applicability of standard approaches for calculating insurance premiums of rare catastrophic losses. This article focuses on the design of a flood-loss-sharing program involving private insurance based on location-specific exposures. The analysis is guided by a developed integrated catastrophe risk management (ICRM) model consisting of a GIS-based flood model and a stochastic optimization procedure with respect to lo... Mehr ...

Verfasser: Ermolieva, T.
Filatova, T.
Ermoliev, Y.
Obersteiner, M.
de Bruijn, K. M.
Jeuken, A.
Dokumenttyp: Artikel
Erscheinungsdatum: 2016
Verlag/Hrsg.: Wiley-Blackwell
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-27197114
Datenquelle: BASE; Originalkatalog
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Link(s) : https://pure.iiasa.ac.at/id/eprint/12333/