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  Insurance against extreme weather events: An overview

Kraehnert, K., Osberghaus, D., Hott, C., Habtemariam, L. T., Wätzold, F., Hecker, L. P., Fluhrer, S. (2021): Insurance against extreme weather events: An overview. - Review of Economics, 72, 2, 71-95.
https://doi.org/10.1515/roe-2021-0024

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 ???ViewItemFull_lblCreators???:
Kraehnert, Kati1, ???ENUM_CREATORROLE_AUTHOR???           
Osberghaus, Daniel2, ???ENUM_CREATORROLE_AUTHOR???
Hott, Christian2, ???ENUM_CREATORROLE_AUTHOR???
Habtemariam, Lemlem Teklegiorgis1, ???ENUM_CREATORROLE_AUTHOR???           
Wätzold, Frank2, ???ENUM_CREATORROLE_AUTHOR???
Hecker, Lutz Philipp2, ???ENUM_CREATORROLE_AUTHOR???
Fluhrer, Svenja1, ???ENUM_CREATORROLE_AUTHOR???           
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1Potsdam Institute for Climate Impact Research, ou_persistent13              
2External Organizations, ou_persistent22              

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 ???ViewItemFull_lblAbstract???: Extreme weather events increasingly threaten the economic situation of households and enterprises around the world. Insurance against extreme weather events is among the climate change adaptation instruments that are currently discussed by the policy community. This overview paper provides a synopsis of the state of research on insurance against extreme weather events, outlining advantages and limitations inherent in three main types of insurance: indemnity-based insurance, index-based insurance, and insurance-linked securities. The paper discusses issues related to insurance uptake, distributional effects, misleading incentives and potentially negative side effects, as well as the role of the state.

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 ???ViewItemFull_lblDates???: 2021-09-212021-10-272021-10-27
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???ENUM_IDENTIFIERTYPE_ORGANISATIONALK???: FutureLab - Inequality, Human Well-Being and Development
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???ENUM_IDENTIFIERTYPE_DOI???: 10.1515/roe-2021-0024
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???ViewItemFull_lblSourceTitle???: Review of Economics
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