The economic valuation of reefs at local, national and global scales should inform the policy and practice of many agencies, businesses and organizations across development, aid, insurance, and conservation. This valuation also highlights the cost effective solutions that can be sought in reef conserva...
The cost of flood insurance depends on the property location — how high it is (or isn’t) above the 100-year flood level in your area. If you live in a low-to-moderate risk area, you’re eligible for a Preferred Risk Policy (PRP). The chart below shows these policy costs....
floodplains, which improves aquatic and riparian ecosystem quality and provides a range of additional services, such as the reduction of pollutants, regulation of sediment fluxes and recreational opportunities32,33. The monetary evaluation and inclusion of environmental services would further increase the ...
For insurance professionals, he noted, “The insurance industry is thinking through very tactical steps to ensure policies and procedures are in place to protect those who are on the frontlines when a hurricane hits.Drone technology offers the opportunity to take photos remotely, and computer models...
Flood insurance can be costly for landowners, so Georgetown County, South Carolina, is looking for available discounts in the upcoming Community Rating System (CRS) review. Administered by the Federal Emergency Management Agency (FEMA), the review process provides flood insurance discounts to ...
However, despite its destructive consequences, the adoption of flood insurance remains relatively low in China. 4.2.2. Other footprints of flood events in various areas China is home to the second-highest population on the planet, and astonishingly, the amount of land suitable for farming within ...
Absolute functions express the magnitude of damages in monetary values; while relative types estimate the dimension of losses as a ratio of the total value, i.e. replacement value or depreciated value [31]. Relative loss functions in contrast to absolute loss functions have better transferability ...
InsuranceFloods are the most common and most expensive natural hazard, and they are expected to become more frequent as the climate changes. This article presents research that used re/insurance catastrophe models to estimate the influence of climate change on flood-related losses. The geographic ...
The β1 coefficient in Equation (16) can be interpreted as the regression-based DID estimate after accounting for controls and fixed effects (Aretz et al. 2020). In order to further investigate hypothesis H1, we ran a multivariate analysis including insurance premiums (InsuranceCost) in interactio...
Impact Forecasting has developed a catastrophe flood model for Czechia to estimate insurance losses. The model is built on a dataset of 12,066 years of daily rainfall and temperature data for the European area, representing the current climate (LAERTES-E