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2015 | OriginalPaper | Buchkapitel

5. Experiences of Private Sector Involvement in DRR in Europe: Focus on Insurance

verfasst von : Jonas Joerin, Yuner Luo

Erschienen in: Disaster Management and Private Sectors

Verlag: Springer Japan

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Abstract

This chapter reviews the viability of private-sector led involvement for DRR in Europe. In particular, the insurance sector is advocated as a crucial player to provide insurance premiums tailored to the local risk patterns related to natural hazards. Thus, protecting the built environment and the agricultural sector through insurance premiums is how insurance companies can provide solutions. As presented in this chapter, the type of insurance system from pure private (e.g. Great Britain, Germany, Netherlands) to entirely state-controlled (Switzerland) shows varying results in terms of insurance coverage. Overall, the idea to transfer risk through an insurance system where the government provides a mandatory requirement for buying insurance premiums, is regarded as beneficial and efficient for private-sector led DRR against natural hazards.

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Metadaten
Titel
Experiences of Private Sector Involvement in DRR in Europe: Focus on Insurance
verfasst von
Jonas Joerin
Yuner Luo
Copyright-Jahr
2015
Verlag
Springer Japan
DOI
https://doi.org/10.1007/978-4-431-55414-1_5