L'assurance immobilière en Grande-Bretagne

Details

Serval ID
serval:BIB_7640
Type
Report: a report published by a school or other institution, usually numbered within a series.
Publication sub-type
Working paper: Working papers contain results presented by the author. Working papers aim to stimulate discussions between scientists with interested parties, they can also be the basis to publish articles in specialized journals
Collection
Publications
Institution
Title
L'assurance immobilière en Grande-Bretagne
Author(s)
von Ungern-Sternberg T.
Institution details
Université de Lausanne - HEC - DEEP
Issued date
12/1998
Number
98.22
Genre
Cahiers de recherches éconmiques
Language
french
Number of pages
30
Abstract
The paper studies property insurance in Britain. It emphasises the following points. In the case of terrorism insurance the government decided to provide cost free stop loss insurance, to prevent the market from breaking down. When the country was hit by subsidence damages, the premiums and excesses for the owners concerned rose dramatically. The fact that contracts can be renegotiated every year, means that the owners have only a very incomplete insurance cover. In Montserrat the insurance companies simply decided to cancel all their policies, when it became clear that the volcano might well destroy every building on the island.
Keywords
Britain, Property Insurance, Terrorism, Risk Selection, Subsidence, Duration of Insurance Contracts
Create date
19/11/2007 10:34
Last modification date
20/08/2019 14:33
Usage data