The severe floods that affected the USA (Mississippi 1993), China (1996, 1998), India, Nepal and Bangladesh (1998) attracted great attention throughout the world. In Europe, a noticeable accumulation of, and an increase in, extreme events has also caused concerns. The floods on the Rhine and its tributaries (Germany 1993, 1995), in eastern Germany (1994), in Italy (1993) and on the Odra (Czech Republic, Poland, Germany 1997) are just a few examples of exceptional floods. The analysis of loss events worldwide reveals a dramatic increase in the loss amounts everywhere, with substantial increases in economic losses even in less developed countries. In the face of this apparent accumulation of major flood catastrophes, the call for insurance protection has become stronger. The insurance industry’s role is increasingly being discussed, and in many countries of Europe this discussion focuses on the question of divesting the state of this responsibility by transferring it the private sector. It is only within the framework of a risk partnership, among the state, the affected population, and the insurance industry, that an effective attempt can be made to solve the problem of floods.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- Flood Disasters - Insurance Aspects Including the 1997 Odra Floods
- Springer Netherlands