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The Demand for Microinsurance Products Against Disaster Risk

  • Oliver Fiala
Chapter
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Part of the Contributions to Economics book series (CE)

Abstract

This chapter introduces microinsurance as a promising and rapidly growing instrument of disaster risk management in developing countries. Following a comprehensive overview of the individual determinants of insurance demand, the relationship between disaster experience and the demand for microinsurance will be analysed in detail. Using results from a discrete choice experiment, empirical evidence will be presented to explain the demand for microinsurance, highlighting the role of risk behaviour, trust and risk exposure.

Keywords

Risk Aversion Natural Disaster Disaster Risk Discrete Choice Experiment Insurance Product 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Springer International Publishing AG 2017

Authors and Affiliations

  • Oliver Fiala
    • 1
  1. 1.Faculty of Business and EconomicsTU DresdenDresdenGermany

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