Catastrophe Insurance without Premium Payment – The Concept of Contigent Liability in Switzerland
16. Jahrestagung des Förderkreises Rückversicherung 2023; Niederkassel; 16. Juni 2023
Köln: Technische Hochschule Köln, 2023-12-08
(Publikationen der Kölner Forschungsstelle Rückversicherung ; 15/2023)
2023-12-08Essay (Conference)Open Access
Faculty of Business, Economics and Law » Institute of Insurance Studies
Title:
Catastrophe Insurance without Premium Payment – The Concept of Contigent Liability in Switzerland
Conference
16. Jahrestagung des Förderkreises Rückversicherung 2023; Niederkassel; 16. Juni 2023
Author:
Lassen, FabianTH Köln
- DHSB-ID
- THK0002708
- Other
- person connected with TH Köln
Place of publication:
Köln
Publisher:
Technische Hochschule Köln
Date published:
2023-12-08
„Publication Channel“:
Open Access
Extent:
16 Seiten
Language of text:
English
Type of resource:
Text
Access Rights:
open access
Practice Partner:
No
Category:
Research
Part of statistic:
Part of statistic
Abstract in English:
No later than with the heavy rainfalls of 2021, discussions in Germany have resumed around the introduction of compulsory insurance for natural hazards. Natural hazards exhibit a high potential for loss, and insurance is a building block with which to bolster resilience. In practice, there are already a host of functioning solution concepts to provide cover for natural hazards, including insurance pools and state guarantees. All of the concepts, however, are predicated on payment of an ongoing insurance premium.