Articles | Volume 25, issue 1
https://doi.org/10.5194/nhess-25-49-2025
https://doi.org/10.5194/nhess-25-49-2025
Review article
 | 
06 Jan 2025
Review article |  | 06 Jan 2025

Review article: Insuring the green economy against natural hazards – charting research frontiers in vulnerability assessment

Harikesan Baskaran, Ioanna Ioannou, Tiziana Rossetto, Jonas Cels, Mathis Joffrain, Nicolas Mortegoutte, Aurelie Fallon Saint-Lo, and Catalina Spataru

Related authors

Variable population exposure and distributed travel speeds in least-cost tsunami evacuation modelling
S. A. Fraser, N. J. Wood, D. M. Johnston, G. S. Leonard, P. D. Greening, and T. Rossetto
Nat. Hazards Earth Syst. Sci., 14, 2975–2991, https://doi.org/10.5194/nhess-14-2975-2014,https://doi.org/10.5194/nhess-14-2975-2014, 2014

Related subject area

Risk Assessment, Mitigation and Adaptation Strategies, Socioeconomic and Management Aspects
Ready, Set & Go! An anticipatory action system against droughts
Gabriela Guimarães Nobre, Jamie Towner, Bernardino Nhantumbo, Célio João da Conceição Marcos Matuele, Isaias Raiva, Massimiliano Pasqui, Sara Quaresima, and Rogério Manuel Lemos Pereira Bonifácio
Nat. Hazards Earth Syst. Sci., 24, 4661–4682, https://doi.org/10.5194/nhess-24-4661-2024,https://doi.org/10.5194/nhess-24-4661-2024, 2024
Short summary
Between global risk reduction goals, scientific–technical capabilities and local realities: a modular approach for user-centric multi-risk assessment
Elisabeth Schoepfer, Jörn Lauterjung, Torsten Riedlinger, Harald Spahn, Juan Camilo Gómez Zapata, Christian D. León, Hugo Rosero-Velásquez, Sven Harig, Michael Langbein, Nils Brinckmann, Günter Strunz, Christian Geiß, and Hannes Taubenböck
Nat. Hazards Earth Syst. Sci., 24, 4631–4660, https://doi.org/10.5194/nhess-24-4631-2024,https://doi.org/10.5194/nhess-24-4631-2024, 2024
Short summary
Flood risk assessment through large-scale modeling under uncertainty
Luciano Pavesi, Elena Volpi, and Aldo Fiori
Nat. Hazards Earth Syst. Sci., 24, 4507–4522, https://doi.org/10.5194/nhess-24-4507-2024,https://doi.org/10.5194/nhess-24-4507-2024, 2024
Short summary
Migration as a hidden risk factor in seismic fatality: a spatial modeling of the Chi-Chi earthquake and suburban syndrome
Tzu-Hsin Karen Chen, Kuan-Hui Elaine Lin, Thung-Hong Lin, Gee-Yu Liu, Chin-Hsun Yeh, and Diana Maria Ceballos
Nat. Hazards Earth Syst. Sci., 24, 4457–4471, https://doi.org/10.5194/nhess-24-4457-2024,https://doi.org/10.5194/nhess-24-4457-2024, 2024
Short summary
Simulating the effects of sea level rise and soil salinization on adaptation and migration decisions in Mozambique
Kushagra Pandey, Jens A. de Bruijn, Hans de Moel, W. J. Wouter Botzen, and Jeroen C. J. H. Aerts
Nat. Hazards Earth Syst. Sci., 24, 4409–4429, https://doi.org/10.5194/nhess-24-4409-2024,https://doi.org/10.5194/nhess-24-4409-2024, 2024
Short summary

Cited articles

Abed, J., Rayburg, S., Rodwell, J., and Neave, M.: A Review of the Performance and Benefits of Mass Timber as an Alternative to Concrete and Steel for Improving the Sustainability of Structures, Sustainability, 14, 5570, https://doi.org/10.3390/su14095570, 2022. 
Adderly, S. A., Manukian, D., Sullivan, T. D., and Son, M.: Electric vehicles and natural disaster policy implications, Energ. Policy, 112, 437–448, https://doi.org/10.1016/J.ENPOL.2017.09.030, 2018. 
AIG Energy Industry Group: Lithium-ion Battery Energy Storage Systems, American International Group, 9 pp., GBL00002513 1/18, 2018.  
Al-Hemoud, A., Al-Dousari, A., Misak, R., Al-Sudairawi, M., Naseeb, A., Al-Dashti, H., and Al-Dousari, N.: Economic Impact and Risk Assessment of Sand and Dust Storms (SDS) on the Oil and Gas Industry in Kuwait, Sustainability, 11, 200, https://doi.org/10.3390/SU11010200, 2019. 
Allianz Commercial: A turning point for offshore wind: Global opportunities and risk trends, https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/press/document/Allianz-Commercial_A-turning-point-for-offshore-wind.pdf, last access: 25 September 2023. 
Download
Short summary
There is a global need for insuring green economy assets against natural hazard events. But their complexity and low exposure history mean the data required for vulnerability evaluation by the insurance industry are scarce. A systematic literature review is conducted in this study to determine the suitability of current published literature for this purpose. Knowledge gaps are charted, and a representative asset–hazard taxonomy is proposed to guide future quantitative research.
Altmetrics
Final-revised paper
Preprint