@article{Surminski:204327,
      recid = {204327},
      author = {Surminski, S. and Aerts, J.C.J.H. and Botzen, W.J.W. and  Hudson, P. and Mysiak, J. and Pérez-Blanco, C. D.},
      title = {Reflections on the Current Debate on How to Link Flood  Insurance and Disaster Risk Reduction in the European  Union},
      address = {2015-05-12},
      number = {824-2016-54958},
      series = {CCSD},
      pages = {38},
      month = {May},
      year = {2015},
      abstract = {Flood insurance differs widely in scope and form across  Europe. Against the backdrop of rising flood losses a  debate about the role of EU policy in shaping the future of  this compensation tool is led by policy makers and  industry. In this paper we investigate if and how current  EU policies influence flood insurance. While the question  of supply and demand is at the core of the debate, we argue  that another key dimension is often overlooked: how to use  insurance as a lever for risk reduction and prevention  efforts. We investigate if and how current EU policies  interplay with these two dimensions and then reflect on the  national policy level, by illustrating two conflicting  cases of flood insurance: the United Kingdom (UK), where  flood insurance provision is widely available, but subject  to current reform, and the Netherlands, where efforts to  introduce flood insurance have only recently failed. In  analysing the current positions on the role of the EU in  shaping flood insurance we conclude that there is wide  agreement that harmonisation of flood insurance offering  across the EU is unlikely to be effective. We conclude that  there is clear scope for the EU to play a greater role in  linking risk transfer and prevention, beyond existing  channels, to ensure an integrated approach to flood risk  management across the EU.},
      url = {http://ageconsearch.umn.edu/record/204327},
      doi = {https://doi.org/10.22004/ag.econ.204327},
}