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Extreme Conditions : exploring Spain's drought impact and the need for catastrophe insurance coverage

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Section: Electronic documents
Title: Extreme Conditions : exploring Spain's drought impact and the need for catastrophe insurance coverage / Javier Rouillet, Mario De Cicco and Nichola James Author: Rouillet, Javier
Publication: Toronto [etc.] : DBRS, 2023Physical description: 8 p.Notes: Sumario: Episodic extreme weather events and natural catastrophes could generate severe economic losses and ultimately lead to significant macroeconomic implications. Climate change and global warming scenarios might also have an incremental effect on the frequency and magnitude of adverse climate-related events, which can potentially have a disruptive effect on economic sectors such as agriculture. The economic losses generated by severe adverse weather events not only considers the actual damage of the event but also the cost of reconstruction. The usage of catastrophe insurance coverage is an important tool to manage the cost of a rapid and swift reconstruction which would otherwise be borne by households, businesses, or ultimately rely on uncertain government supportMateria / lugar / evento: Catástrofes naturales Sequía Seguros paramétricos Aspectos económicos Industria agrícola Riesgos Cambio climático España Otros autores: Cicco, Mario de
James, Nichola
DBRS
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