The System Solution of Uninsurable Risks with Focus on Floods in the Czech Republic Cover Image

The System Solution of Uninsurable Risks with Focus on Floods in the Czech Republic
The System Solution of Uninsurable Risks with Focus on Floods in the Czech Republic

Author(s): Karel Hanzlik, Hana Bártová
Subject(s): Energy and Environmental Studies, Environmental and Energy policy, Evaluation research, Environmental interactions
Published by: Masarykova univerzita
Keywords: flood; gross premium calculation; insurance pool; uninsurable risk;
Summary/Abstract: Uninsurable risks influence negatively lives and value of property. Flood risk and risk realization have broad impact on public and private finance with the most significant consequences in the riskiest flood zones. Current trend in the insurance industry is to make exceptions from insurance protection.