The role of public and private insurance in reducing losses from extreme weather events and disasters

2016 ◽  
Vol 19 ◽  
pp. 29-54 ◽  
Author(s):  
Howard Kunreuther ◽  
Rosemary Lyster
2018 ◽  
Author(s):  
Peter C. Balash, PhD ◽  
Kenneth C. Kern ◽  
John Brewer ◽  
Justin Adder ◽  
Christopher Nichols ◽  
...  

2014 ◽  
Vol 27 (22) ◽  
pp. 8297-8301 ◽  
Author(s):  
Gerrit Hansen ◽  
Maximilian Auffhammer ◽  
Andrew R. Solow

Abstract There is growing interest in assessing the role of climate change in observed extreme weather events. Recent work in this area has focused on estimating a measure called attributable risk. A statistical formulation of this problem is described and used to construct a confidence interval for attributable risk. The resulting confidence is shown to be surprisingly wide even in the case where the event of interest is unprecedented in the historical record.


2020 ◽  
Author(s):  
Ettore D’Andrea ◽  
Andrea Scartazza ◽  
Alberto Battistelli ◽  
Alessio Collalti ◽  
Simona Proietti ◽  
...  

SummaryExtreme weather events are increasing in frequency and intensity due to global climate change. We hypothesized that these have a strong impact on the stem radial growth and the dynamic of non-structural carbohydrates (NSCs).In order to assess the effects on mature trees of a late frost occurred in spring 2016 and a drought event characterizing the summer 2017, we monitored the phenology, the radial growth and the dynamic of starch and soluble sugars in a Mediterranean beech forest.Growth was much more reduced by spring late frost than by summer drought, while NSCs dynamic was deeply involved in counteracting the negative effects of both events, supporting plant survival and buffering source-sink imbalances under such stressful conditions, resulting in a strong trade-off between growth and NSCs dynamic in trees.Overall, our results highlight the key role of NSCs on trees resilience to extreme weather events, confirming the relevant adaptability to stressful conditions. Such an insight is useful to assess how forests may respond to the potential impacts of climate change on ecosystem processes and to define how future management strategies can help adaptation of beech forests in the Mediterranean area.


2021 ◽  
Vol 72 (2) ◽  
pp. 71-95
Author(s):  
Kati Kraehnert ◽  
Daniel Osberghaus ◽  
Christian Hott ◽  
Lemlem Teklegiorgis Habtemariam ◽  
Frank Wätzold ◽  
...  

Abstract 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.


2016 ◽  
Vol 14 ◽  
pp. 67-79 ◽  
Author(s):  
Michela Biasutti ◽  
Richard Seager ◽  
Dalia B. Kirschbaum

2020 ◽  
Vol 12 (3) ◽  
pp. 597-609 ◽  
Author(s):  
Rachel Dryden ◽  
M. Granger Morgan ◽  
Stephen Broomell

AbstractAn increase in the severity of extreme weather is arguably one of the most important consequences of climate change with immediate and potentially devastating impacts. Recent events, like Hurricane Harvey, stimulated public discourse surrounding the role of climate change in amplifying, or otherwise modifying, the patterns of such events. Within the scientific community, recent years have witnessed considerable progress on “climate attribution”—the use of statistical techniques to assess the probability that climate change is influencing the character of some extreme weather events. Using a novel application of signal detection theory, this article assesses when, and to what extent, laypeople attribute changes in hurricanes to climate change and whether and how certain characteristics predict this decision. The results show that people attribute hurricanes to climate change based on their preexisting climate beliefs and numeracy. Respondents who were more dubious about the existence of climate change (and more numerate) required a greater degree of evidence (i.e., a more extreme world) before they were willing to suggest that an unusual hurricane season might be influenced by climate change. However, those who have doubts were still willing to make these attributions when hurricane behavior becomes sufficiently extreme. In general, members of the public who hold different prior views about climate change are not in complete disagreement about the evidence they perceive, which leaves the possibility for future work to explore ways to bring such judgments back into alignment.


2016 ◽  
Vol 23 (3) ◽  
pp. 385-402 ◽  
Author(s):  
Anumitra Mirti Chand ◽  
Martin Loosemore

Purpose – The purpose of this paper is to explore the extent to which hospital disaster planners and managers understand the role of built infrastructure in delivering effective healthcare services during extreme weather events (EWEs). There is substantial evidence to indicate that many hospitals are vulnerable to EWEs. This is alarming given community reliance on hospitals during times of natural disaster and the predicted increase in the frequency and intensity of EWEs. Design/methodology/approach – In this paper, resilience and learning theories are combined to produce a new conceptual model which illustrates how hospital disaster managers learn about the relationship between health outcomes and built infrastructure during EWEs to build future hospital resilience. In this paper, the first part of the conceptual model, concerning the development of disaster management plans is explored and refined using a thematic content analysis of 14 Australian hospitals’ disaster plans and supplementary plans. Findings – The findings indicate high variability of understanding about the role of built facilities in health outcomes during an EWE. There appears to be a widespread and highly questionable assumption in the health disaster planning community that hospital built infrastructure is highly resilient to EWEs. This means that many hospitals will not be unaware of the risks that their buildings pose in the delivery of healthcare services to the community during an EWE and how to manage those risks effectively. Research limitations/implications – The theoretical framework presented in this paper provides new insights which will enable hospital infrastructure resilience to be better integrated into health service disaster risk planning and preparedness. The findings can help hospital disaster managers learn about and adapt their built environment to changing healthcare needs during EWEs. Originality/value – By integrating learning and resilience theories in a built environment context, this paper provides new insights, both theoretical and practical, into the important role of hospital infrastructure in planning for EWEs.


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