Università della Svizzera italiana

Hurricane insurance in Florida

Jametti, Mario ; Ungern-Sternberg, Thomas von

This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as “uninsurable” risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or can do so only at premiums that substantially exceed their expected claims costs. The state of...