Linked Life Data

21073670

Source:http://linkedlifedata.com/resource/pubmed/id/21073670

Statements in which the resource exists as a subject.
PredicateObject
rdf:type
lifeskim:mentions
pubmed:issue
2
pubmed:dateCreated
2011-2-17
pubmed:abstractText
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.
pubmed:language
eng
pubmed:journal
pubmed:citationSubset
IM
pubmed:status
MEDLINE
pubmed:month
Apr
pubmed:issn
1467-7717
pubmed:author
pubmed:copyrightInfo
© 2011 The Author(s). Disasters © Overseas Development Institute, 2011.
pubmed:issnType
Electronic
pubmed:volume
35
pubmed:owner
NLM
pubmed:authorsComplete
Y
pubmed:pagination
287-307
pubmed:meshHeading
pubmed:year
2011
pubmed:articleTitle
Exploring the feasibility of private micro flood insurance provision in Bangladesh.
pubmed:affiliation
Crawford School of Economics and Government, Australian National University, Canberra ACT, Australia. sonia.akter@anu.edu.au
pubmed:publicationType
Journal Article, Research Support, Non-U.S. Gov't