Have a personal or library account? Click to login
Insurance against Natural Hazards: Critical Elements on the Risk Premium Evaluation in the Italian Context Cover

Insurance against Natural Hazards: Critical Elements on the Risk Premium Evaluation in the Italian Context

Environmental and Climate Technologies
Volume 24 (2020): Issue 3 (November 2020)
By: Andrea Jonathan Pagano,  Francesco Romagnoli and  Emanuele Vannucci  
Open Access
|Dec 2020

References

  1. [1] Bevere L., Muelle L. Sigma. Natural catastrophes and man-made disasters in 2013: large losses from floods and hail; Haiyan hits the Philippines. Zurich: Swiss Re. 2014:1:52. [Online]. [Accessed 22.10.2020]. Available: https://media.swissre.com/documents/sigma1_2014_en.pdf
    Search in Google ScholarBack to article
  2. [2] NIBS. HAZUS: Hazards U.S.: Earthquake Loss Estimation Methodology. NIBS Doc. N. 5200. Washington, D.C. 1997.
    Search in Google ScholarBack to article
  3. [3] Giovagnoli R., Ravera C. Il contratto di assicurazione: percorsi giurisprudenziali. (The insurance contract: jurisprudential paths). Giuffrè Editore 2011:223. (In Italian).
    Search in Google ScholarBack to article
  4. [4] Crocitto M. Commentario al Codice delle assicurazioni private. (Commentary on the Private Insurance Code). Halley Editrice, 2006.
    Search in Google ScholarBack to article
  5. [5] Istituto Nazionale di Statistica. (National Institute of Statistics). [Online]. [Accessed 22.10.2020]. Available: https://www.istat.it/it/archivio/202943
    Search in Google ScholarBack to article
  6. [6] Bølviken E., Guillen M. Risk aggregation in Solvency II through recursive log-normals. Insurance: Mathematics and Economics 2017:73:20–26. https://doi.org/10.1016/j.insmatheco.2016.12.00610.1016/j.insmatheco.2016.12.006
    Search in Google ScholarBack to article
  7. [7] Gambino A. La neutralizzazione dei rischi nella struttura e nella funzione giuridica unitaria del contratto di assicurazione. (The neutralization of risks in the structure and unitary legal function of the insurance contract). 1985. (In Italian).
    Search in Google ScholarBack to article
  8. [8] Amedeo M. Assicurazioni: nuovi precontrattuale obblighi d’ informativa Il nuovo Set Informativo ed il DIP Aggiuntivo. (Insurance: new pre-contractual disclosure obligations. The new Information Set and the Additional DIP). 2018. (In Italian).
    Search in Google ScholarBack to article
  9. [9] Sangiovanni V. Dichiarazioni inesatte, reticenze e annullamento del contratto di assicurazione. (Inaccurate statements, reticence and cancellation of the insurance contract). 2014. (In Italian).
    Search in Google ScholarBack to article
  10. [10] Aa. Vv. L’Assicurazione dei Rischi Calamità Naturali. (Natural Disaster Risks Insurance). 7th R.I.B. Conf., November, 2000. (In Italian).
    Search in Google ScholarBack to article
  11. [11] Landini S. Reticenze dell’assicurato e annullabilità del contratto. (Obligations of the policyholder and cancellation of the contract). Resp. civ. e prev, 2011.
    Search in Google ScholarBack to article
  12. [12] Campobasso G. F. Diritto commerciale 3. (Commercial law) 3. Utet Editori Dal 1791, 2015. (In Italian)
    Search in Google ScholarBack to article
  13. [13] Grossi P., Kunreuther H. The role of uncertainty on alternative disaster management strategies. International Geology Review 2001:43(5):391–400. https://doi.org/10.1080/0020681010946502010.1080/00206810109465020
    Search in Google ScholarBack to article
  14. [14] Lin S. K., Chang C. C., Powers M. R. The valuation of contingent capital with catastrophe risks. Insurance: Mathematics and Economics 2009:45(1):65–73. https://doi.org/10.1016/j.insmatheco.2009.03.00510.1016/j.insmatheco.2009.03.005
    Search in Google ScholarBack to article
  15. [15] Landini S. Assicurabilità e indennizzabilità dei rischi catastrofali ambientali. (Insurability and indemnification of environmental catastrophe risks). Assicurazioni 2013:19–29. (In Italian).
    Search in Google ScholarBack to article
  16. [16] McAneney J., McAneney D., Musulin R., Walker G., Crompton R. Government Sponsored natural disaster insurance pools: A view from down-under. International Journal of Disaster Risk Reduction 2016:15:1–9. https://doi.org/10.1016/j.ijdrr.2015.11.00410.1016/j.ijdrr.2015.11.004
    Search in Google ScholarBack to article
  17. [17] Nowak P., Romaniuk M. Pricing and simulations of catastrophe bonds. Insurance: Mathematics and Economics 2013:52(1):18–28. https://doi.org/10.1016/j.insmatheco.2012.10.00610.1016/j.insmatheco.2012.10.006
    Search in Google ScholarBack to article
  18. [18] Porrini D., Schwarze R. Insurance models and European climate change policies: An assessment. European Journal of Law and Economics 2014:38(1):7–28. https://doi.org/10.1007/s10657-012-9376-610.1007/s10657-012-9376-6
    Search in Google ScholarBack to article
  19. [19] Cherubini M. C. Tutela del “contraente debole” nella formazione del consenso. (Protection of the “weak contractor” in the formation of consent). Torino: Giappichelli, 2005. (In Italian).
    Search in Google ScholarBack to article
  20. [20] Rossi Carleo L. Il diritto all’informazione: dalla conoscibilità al documento informativo. (The right to information: from knowledge to information document). Rivista di Diritto Privato 2004:349–375. (In Italian).
    Search in Google ScholarBack to article
  21. [21] Scoditti E. Regole di validità e principio di correttezza nei contratti del consumatore. (Rules of validity and principle of correctness in consumer contracts). Rivista di diritto civile, 2006.
    Search in Google ScholarBack to article
  22. [22] Kunreuther H. The Role of Insurance in Reducing Losses from Extreme Events: The Need for Public-Private Partnerships. The Geneva Papers on Risk and Insurance - Issues and Practice 2015:40(4):741–762. https://doi.org/10.1057/gpp.2015.1410.1057/gpp.2015.14
    Search in Google ScholarBack to article
  23. [23] Motoyama T. Optimal disaster-preventive expenditure in a dynamic and stochastic model. Journal of Macroeconomics 2017:51:28–47. https://doi.org/10.1016/j.jmacro.2016.11.00510.1016/j.jmacro.2016.11.005
    Search in Google ScholarBack to article
  24. [24] Carr T., May A. Focus on alternatives: Catastrophe bonds explained. Schroeders 2011:1–4. https://www.schroders.com/globalassets/schroders/sites/pensions/pdfs/catastrophe-bonds-explained.pdf
    Search in Google ScholarBack to article
  25. [25] World Enviromental Forum. Rischi dei cambiamenti climatici: il ruolo delle assicurazioni. (Risks of climate change: the role of insurance). 2013.
    Search in Google ScholarBack to article
  26. [26] Stamovlasis D., Tsaparlis G. Applying catastrophe theory to an information-processing model of problem solving in science education. Science Education 2012:96(3):392–410. https://doi.org/10.1002/sce.2100210.1002/sce.21002
    Search in Google ScholarBack to article
  27. [27] Wu Y. C., Chung S. L. Catastrophe risk management with counterparty risk using alternative instruments. Insurance: Mathematics and Economics 2010:47(2):234–245. https://doi.org/10.1016/j.insmatheco.2010.04.00210.1016/j.insmatheco.2010.04.002
    Search in Google ScholarBack to article
  28. [28] Gurenko E. N. Climate Change and Insurance: Disaster Risk Financing in Developing Countries. Climate Policy 2006:6:596–688.
    Search in Google ScholarBack to article
  29. [29] Grossi P., Kunreuther H., Windeler D. An Introduction to Catastrophe Models and Insurance. In: Grossi P., Kunreuther H. (eds) Catastrophe Modeling: A New Approach to Managing Risk. Catastrophe Modeling, vol. 25, 2005. Springer, Boston, MA. https://doi.org/10.1007/0-387-23129-3_210.1007/0-387-23129-3_2
    Search in Google ScholarBack to article
  30. [30] Surminski S., Bouwer L. M., Linnerooth-Bayer J. How insurance can support climate resilience. Nature Climate Change 2016:6(4):333–334. https://doi.org/10.1038/nclimate297910.1038/nclimate2979
    Search in Google ScholarBack to article
  31. [31] Le Quesne F, Tollmann J., Range M., Balogun K., Zissener M., Bohl D., Souvignet D., Schuster S., Zwick S., Phillip J., Wehnert B., Kreft S. The Role of Insurance in Integrated Disaster and Climate Risk Management: Evidence and Lessons Learned. GIZ Report no. 22, October 2017. Available: https://collections.unu.edu/eserv/UNU:6312/MCII_ACRI__1710020_Online-meta.pdf
    Search in Google ScholarBack to article
  32. [32] Subramanian A., Wang J. Reinsurance versus securitization of catastrophe risk. Insurance: Mathematics and Economics 2018:82:55–72. https://doi.org/10.1016/j.insmatheco.2018.06.00610.1016/j.insmatheco.2018.06.006
    Search in Google ScholarBack to article
  33. [33] Montefiori M. Libertà di scelta e contratti prospettici: l’asimmetria informativa nel mercato delle cure sanitarie ospedaliere. (Freedom of choice and prospective contracts: the information asymmetry in the hospital healthcare market). Università di Genova, Dipartimento di Economia Pubblica, 2002. (In Italian).
    Search in Google ScholarBack to article
  34. [34] Avesani M. Le coperture assicurative nelle catastrofi naturali. (Insurance coverage in natural disasters). Universita di Pisa, 2014. (In Italian).
    Search in Google ScholarBack to article
  35. [35] Alpa G. Il diritto contrattuale comunitario. Un cantiere aperto. (Community contract law. An open construction site). Rivista giuridica sarda 2011:26(3):689–697. (In Italian).
    Search in Google ScholarBack to article
  36. [36] Charpentier A., Le Maux B. Natural catastrophe insurance: How should the government intervene? Journal of Public Economics 2014:115:1–17. https://doi.org/10.1016/j.jpubeco.2014.03.00410.1016/j.jpubeco.2014.03.004
    Search in Google ScholarBack to article
  37. [37] Wrede P., Phily C., Wipf J. J., Tatin-Jaleran C., Garand D. Pricing for microinsurance: a technical guide. ILO’s Impact Insurance Facility. 2016. [Online]. [Accessed 15.08.2020]. Available: http://www.impactinsurance.org/sites/default/files/MI%20Pricing%20Guide%20FINAL.pdf
    Search in Google ScholarBack to article
  38. [38] Braun A. Pricing catastrophe swaps: A contingent claims approach. Insurance: Mathematics and Economics 2011:49(3):520–536. https://doi.org/10.1016/j.insmatheco.2011.08.00310.1016/j.insmatheco.2011.08.003
    Search in Google ScholarBack to article
  39. [39] NAIAD 2020 Nature Insurance value: Assessment and Demonstration [Online]. [Accessed 22.10.2020]. Available: http://naiad2020.eu/
    Search in Google ScholarBack to article
  40. [40] Müller-Fürstenberger G. Schumacher I. Insurance and climate-driven extreme events. Journal of Economic Dynamics and Control 2015:54:59–73. https://doi.org/10.1016/j.jedc.2015.03.00210.1016/j.jedc.2015.03.002
    Search in Google ScholarBack to article
  41. [41] Keskitalo, E. C. H., Vulturius G., Scholten P. Adaptation to climate change in the insurance sector: Examples from the UK, Germany and the Netherlands. Natural Hazards 2014:71(1):315–334. https://doi.org/10.1007/s11069-013-0912-710.1007/s11069-013-0912-7
    Search in Google ScholarBack to article
DOI: https://doi.org/10.2478/rtuect-2020-0110 | Journal eISSN: 2255-8837 | Journal ISSN: 1691-5208
Journal RSS Feed
Language: English
Page range: 373 - 386
Published on: Dec 14, 2020
Published by: Riga Technical University
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year
Keywords:
Insurance company,
natural hazard,
risk and resilience
Related subjects:
Life sciences,
Life sciences, other

© 2020 Andrea Jonathan Pagano, Francesco Romagnoli, Emanuele Vannucci, published by Riga Technical University
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Previous articleVolume 24 (2020): Issue 3 (November 2020)Next article