earthquake loss estimation model - IIASA
earthquake loss estimation model - IIASA
earthquake loss estimation model - IIASA
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SEISMIC RISK MANAGEMENT<br />
Cross-subsidizing Instrument<br />
Elements to consider<br />
Full coverage (all buildings)<br />
Social welfare – balance (taxpayers pay for nontaxpayers)<br />
Insured value (legal base)<br />
Premium collection- City tax collecting system<br />
Cover deductibles for low income housing<br />
Coverage limit (reinsurance market capacity)<br />
Additional coverage (provided by other instruments)<br />
Tax-exempt owners’ claims process