This paper compares alternative risk transfer mechanisms (insurance solutions) in three countries, which were affected by the flood event in August 2005, namely Germany, Austria and Switzerland. The comparison focuses on the ability of the institutional solutions to dampen economic shocks caused by natural hazard events.

Author names: 
Raschky, P. A.
Schwindt, M.
Schwarze, R.
Weck-Hannemann, H.
Year: 
2008
Reference: 

Raschky, P. A.; Schwindt, M.; Schwarze, R.; Weck-Hannemann, H. (2008). Risikotransfersysteme für Naturkatastrophen in Deutschland, Österreich und der Schweiz – Ein theoretischer und empirischer Vergleich. (Risk transfer systems for natural disaster in Germany, Austria and Switzerland - A theoretical and empirical Comparison.) in: Vierteiljahresheft zur Wirtschaftsforschung mit Schwerpunkt "Stürme, Fluten, Erdbeben - Wie sich Europa gegen Naturgefahren versichern kann".

Geographical area: 
Policy areas considered: 
Climate risks considered: