Articles | Volume 18, issue 9
https://doi.org/10.5194/nhess-18-2409-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.
the Creative Commons Attribution 4.0 License.
https://doi.org/10.5194/nhess-18-2409-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.
the Creative Commons Attribution 4.0 License.
Insurance engagement in flood risk reduction – examples from household and business insurance in developed countries
Isabel Seifert-Dähnn
CORRESPONDING AUTHOR
Norwegian Institute for Water Research, Gaustadalléen 21, 0349 Oslo,
Norway
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Total article views: 6,957 (including HTML, PDF, and XML)
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Total article views: 6,043 (including HTML, PDF, and XML)
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Total article views: 914 (including HTML, PDF, and XML)
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Cited
19 citations as recorded by crossref.
- Flood insurance is a driver of population growth in European floodplains M. Tesselaar et al. https://doi.org/10.1038/s41467-023-43229-8
- Financial recovery schemes in Austria: how planned relocation is used as an answer to future flood events T. Thaler & S. Fuchs https://doi.org/10.1080/17477891.2019.1665982
- Deciphering spatial-temporal dynamics of flood exposure in the United States, J. Abedin et al. https://doi.org/10.1016/j.scs.2024.105444
- Who bears the indirect costs of flood risk? An economy-wide assessment of different insurance systems in Europe under climate change N. Knittel et al. https://doi.org/10.1080/09535314.2023.2272211
- Anticipated Compound Flooding in Miami-Dade Under Extreme Hydrometeorological Events A. Gumbs et al. https://doi.org/10.3390/hydrology13010034
- SMEs and flood insurance: Assessing the effective resilience using contextualised evidence Z. Yao et al. https://doi.org/10.1016/j.crm.2026.100801
- Mitigating Drought Financial Risk for Water Supply Sector through Index-Based Insurance Contracts G. Gesualdo et al. https://doi.org/10.5194/piahs-385-117-2024
- Public participation, engagement, and climate change adaptation: A review of the research literature S. Hügel & A. Davies https://doi.org/10.1002/wcc.645
- Weathering the past: Firms' risk responses to climate shocks F. Hao & Z. Yu https://doi.org/10.1016/j.eneco.2026.109376
- Index-based insurance to mitigate current and future extreme events financial losses for water utilities G. Gesualdo et al. https://doi.org/10.1016/j.ijdrr.2023.104218
- All according to plan: Maldevelopment, moral hazard, federal aid, and climate change adaptation on Dauphin Island, Alabama, U.S.A. K. Patsch et al. https://doi.org/10.1016/j.ocecoaman.2022.106451
- FACTORS INFLUENCING THE READINESS TO PAY FOR FLOOD MOTOR INSURANCE AMONG PRIVATE VEHICLE OWNERS IN KEDAH, MALAYSIA X. Tan et al. https://doi.org/10.35631/AIJBES.827029
- Low-income households' willingness to pay for flood risk insurance in South Africa D. Lefutso et al. https://doi.org/10.1016/j.pdisas.2024.100403
- Self‐stated recovery from flooding: Empirical results from a survey in Central Vietnam P. Hudson et al. https://doi.org/10.1111/jfr3.12680
- Impact of digital finance on household insurance demand X. Zhang et al. https://doi.org/10.1016/j.frl.2026.110165
- Natural disaster preparedness and continuity planning of Greek enterprises I. Mpekiaris et al. https://doi.org/10.1016/j.ijdrr.2020.101555
- The role of insurers in flood risk management revisited from a sustainability perspective L. Stricker et al. https://doi.org/10.1111/rmir.70011
- Climate change adaptation in Norwegian businesses − Awareness, integration and barriers L. Henke et al. https://doi.org/10.1016/j.crm.2024.100647
- Visualizations as a tool to increase community engagement in climate change adaptation decision-making M. DeCock-Caspell et al. https://doi.org/10.1139/facets-2020-0032
19 citations as recorded by crossref.
- Flood insurance is a driver of population growth in European floodplains M. Tesselaar et al. https://doi.org/10.1038/s41467-023-43229-8
- Financial recovery schemes in Austria: how planned relocation is used as an answer to future flood events T. Thaler & S. Fuchs https://doi.org/10.1080/17477891.2019.1665982
- Deciphering spatial-temporal dynamics of flood exposure in the United States, J. Abedin et al. https://doi.org/10.1016/j.scs.2024.105444
- Who bears the indirect costs of flood risk? An economy-wide assessment of different insurance systems in Europe under climate change N. Knittel et al. https://doi.org/10.1080/09535314.2023.2272211
- Anticipated Compound Flooding in Miami-Dade Under Extreme Hydrometeorological Events A. Gumbs et al. https://doi.org/10.3390/hydrology13010034
- SMEs and flood insurance: Assessing the effective resilience using contextualised evidence Z. Yao et al. https://doi.org/10.1016/j.crm.2026.100801
- Mitigating Drought Financial Risk for Water Supply Sector through Index-Based Insurance Contracts G. Gesualdo et al. https://doi.org/10.5194/piahs-385-117-2024
- Public participation, engagement, and climate change adaptation: A review of the research literature S. Hügel & A. Davies https://doi.org/10.1002/wcc.645
- Weathering the past: Firms' risk responses to climate shocks F. Hao & Z. Yu https://doi.org/10.1016/j.eneco.2026.109376
- Index-based insurance to mitigate current and future extreme events financial losses for water utilities G. Gesualdo et al. https://doi.org/10.1016/j.ijdrr.2023.104218
- All according to plan: Maldevelopment, moral hazard, federal aid, and climate change adaptation on Dauphin Island, Alabama, U.S.A. K. Patsch et al. https://doi.org/10.1016/j.ocecoaman.2022.106451
- FACTORS INFLUENCING THE READINESS TO PAY FOR FLOOD MOTOR INSURANCE AMONG PRIVATE VEHICLE OWNERS IN KEDAH, MALAYSIA X. Tan et al. https://doi.org/10.35631/AIJBES.827029
- Low-income households' willingness to pay for flood risk insurance in South Africa D. Lefutso et al. https://doi.org/10.1016/j.pdisas.2024.100403
- Self‐stated recovery from flooding: Empirical results from a survey in Central Vietnam P. Hudson et al. https://doi.org/10.1111/jfr3.12680
- Impact of digital finance on household insurance demand X. Zhang et al. https://doi.org/10.1016/j.frl.2026.110165
- Natural disaster preparedness and continuity planning of Greek enterprises I. Mpekiaris et al. https://doi.org/10.1016/j.ijdrr.2020.101555
- The role of insurers in flood risk management revisited from a sustainability perspective L. Stricker et al. https://doi.org/10.1111/rmir.70011
- Climate change adaptation in Norwegian businesses − Awareness, integration and barriers L. Henke et al. https://doi.org/10.1016/j.crm.2024.100647
- Visualizations as a tool to increase community engagement in climate change adaptation decision-making M. DeCock-Caspell et al. https://doi.org/10.1139/facets-2020-0032
Saved (final revised paper)
Latest update: 09 Jun 2026
Short summary
Insurance is suggested to be an important mechanism to boost flood risk reduction, especially at an individual level. This study shows how insurers in developed countries are engaged in flood risk reduction and under which conditions (insurance scheme, market penetration). Insurers in public insurance schemes seem to be more proactive when it comes to flood risk reduction. Surprisingly, risk-based pricing is seldom practiced, even though it is heavily argued for in the academic literature.
Insurance is suggested to be an important mechanism to boost flood risk reduction, especially at...
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