Title :
Analysis on causes for inadequacy of supply of flood disaster insurance in China
Author_Institution :
Res. Center of Cluster & Enterprise Dev., Jiangxi Univ. of Finance & Economic, Nanchang, China
Abstract :
China is a country frequently stricken by disasters and often suffers flood disasters with tremendous loss. Therefore, flood disaster insurance market enjoys actual and potential demands far beyond current supplying capacity of present insurance industry. Through tripartite gaming model joined by the government, the insurance company and the insurer, this Article, has analyzed herein causes for inadequacy of flood insurance supply of this country, and proposed countermeasures of encouraging insurance companies to participate in flood insurance thereon.
Keywords :
emergency services; game theory; insurance; flood disaster insurance supply; insurance industry; tripartite gaming model; Current supplies; Finance; Floods; Government; Insurance; Production; Statistics; Water conservation; Flood Insurance; Game; Supply;
Conference_Titel :
Computer Science and Information Technology, 2009. ICCSIT 2009. 2nd IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-4519-6
Electronic_ISBN :
978-1-4244-4520-2
DOI :
10.1109/ICCSIT.2009.5234957
