Exploring the feasibility of private micro flood insurance provision in Bangladesh
This article was published in Disasters [ © 2011 The Author(s) ] and the definite version is available at: https://doi.org/10.1111/j.1467-7717.2010.01218.x
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© 2011 Overseas Development Institute.
2016
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| גישה מקוונת: | http://hdl.handle.net/10361/6683 https://doi.org/10.1111/j.1467-7717.2010.01218.x |
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10361-66832018-03-13T10:38:46Z Exploring the feasibility of private micro flood insurance provision in Bangladesh Akter, Sonia Brouwer, Roy Beukering, Pieter J.H. van Laura, French Silver, Efrath Choudhury, Saria Aziz, Syeda Salina BRAC Institute of Governance and Development, BRAC University This article was published in Disasters [ © 2011 The Author(s) ] and the definite version is available at: https://doi.org/10.1111/j.1467-7717.2010.01218.x This paper aims to contribute to the debate on the feasibility of the provision of micro flood insurance as an effective tool for spreading disaster risks in developing countries and examines the role of the institutional-organisational framework in assisting the design and implementation of such a micro flood insurance market. In Bangladesh, a private insurance market for property damage and livelihood risk due to natural disasters does not exist. Private insurance companies are reluctant to embark on an evidently unprofitable venture. Testing two different institutional-organisational models, this research reveals that the administration costs of micro-insurance play an important part in determining the long-term viability of micro flood insurance schemes. A government-facilitated process to overcome the differences observed in this study between the nonprofit micro-credit providers and profit-oriented private insurance companies is needed, building on the particular competence each party brings to the development of a viable micro flood insurance market through a public-private partnership. Published 2016-11-02T10:15:39Z 2016-11-02T10:15:39Z 2011 Article Akter, S., Brouwer, R., Van Beukering, P. J., French, L., Silver, E., Choudhury, S., & Aziz, S. S. (2011). Exploring the feasibility of private micro flood insurance provision in bangladesh. Disasters, 35(2), 287-307. doi:10.1111/j.1467-7717.2010.01218.x 03613666 http://hdl.handle.net/10361/6683 https://doi.org/10.1111/j.1467-7717.2010.01218.x en © 2011 Overseas Development Institute. |
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Brac University |
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Institutional Repository |
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English |
| description |
This article was published in Disasters [ © 2011 The Author(s) ] and the definite version is available at: https://doi.org/10.1111/j.1467-7717.2010.01218.x |
| author2 |
BRAC Institute of Governance and Development, BRAC University |
| author_facet |
BRAC Institute of Governance and Development, BRAC University Akter, Sonia Brouwer, Roy Beukering, Pieter J.H. van Laura, French Silver, Efrath Choudhury, Saria Aziz, Syeda Salina |
| format |
Article |
| author |
Akter, Sonia Brouwer, Roy Beukering, Pieter J.H. van Laura, French Silver, Efrath Choudhury, Saria Aziz, Syeda Salina |
| spellingShingle |
Akter, Sonia Brouwer, Roy Beukering, Pieter J.H. van Laura, French Silver, Efrath Choudhury, Saria Aziz, Syeda Salina Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| author_sort |
Akter, Sonia |
| title |
Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| title_short |
Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| title_full |
Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| title_fullStr |
Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| title_full_unstemmed |
Exploring the feasibility of private micro flood insurance provision in Bangladesh |
| title_sort |
exploring the feasibility of private micro flood insurance provision in bangladesh |
| publisher |
© 2011 Overseas Development Institute. |
| publishDate |
2016 |
| url |
http://hdl.handle.net/10361/6683 https://doi.org/10.1111/j.1467-7717.2010.01218.x |
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