• Title/Summary/Keyword: Natural Disaster Insurance

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A Plan for a New Public Natural Disaster Insurance -With priority given to Microinsurance and Index Insurance (공공자연재해보험의 도입방안 - Microinsurance와 Index Insurance를 중심으로)

  • Kim, Jeong-In;Oh, Kyung-Hee
    • Journal of Environmental Policy
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    • v.10 no.1
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    • pp.151-173
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    • 2011
  • Whenever several natural disasters hit Korea with huge damage of property loss and death toll, government spends huge sums of money for rehabilitation of devastated areas every year. It's time to discuss about a natural disaster insurance, which is a long-term as well as precautionary measure. It is advisable to discuss government involvement through the natural disaster insurance, implementation of countermeasures against natural disasters. The natural disasters insurance have to executed as follows, 1) introducing natural disaster insurance with characteristics of social welfare, which makes fast recovery and anxiety reduction in the low-income bracket. 2) advisable to mix the methods of microinsurance including the natural disaster and index insurance.

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A Disaster Support System for View Point Research about Japan Earthquake Insurance Problems (재해자 지원으로 본 일본의 지진보험의 문제점에 관한 연구)

  • Kang, Shinwook;Park, Namkwun
    • Journal of the Society of Disaster Information
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    • v.10 no.2
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    • pp.230-237
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    • 2014
  • A victim of natural disaster support systems are self-help, cooperation and taxes and other public charges. This research purpose, a victim support system became the focus of cooperation(Earthquake Insurance, Japan Agricultural Cooperatives and ZENROSAI) that is base on strength of East-Japan Earthquake, is reviewing the supply present condition and limit of provide relief problems. research is using data that is base on many kinds of publications and homepages and hearing by Japan Agricultural Cooperatives and Insurance company.

A Study on Commercialization of Styela clava HERDMAN aquaculture Insurance (미더덕 양식보험 상품화 방안 연구)

  • SONG, Jung-Hun
    • Journal of Fisheries and Marine Sciences Education
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    • v.29 no.2
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    • pp.607-611
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    • 2017
  • The purpose of this study is to present the concept of merchandising Styela clava HERDMAN developed in 2016. The main contents of this study are analyzing the general condition of Styela clava HERDMAN, We intend to promote stable and sustainable development of Korean aquaculture by activating the aquaculture insurance system by expanding coverage items and coverage, and increasing insurance coverage.

Implementation Method of Insurance Object GIS DB for the Storm and Flood Hazard Risks Premium Rate Mapping (풍수해보험 관리지도를 위한 보험 목적물 GIS DB 구축)

  • Lee, Jun-Seok;Lee, In-Su
    • Journal of Cadastre & Land InformatiX
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    • v.45 no.2
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    • pp.87-100
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    • 2015
  • Currently, Korea government has strongly recommended the storm and flood insurance system to reduce the damage caused by natural disasters. The storm and flood insurance operated by private insurance company is the type of policy insurance. and is supervised by Minister of Public Safety and Security. It is the advanced disaster management system which is able to protect the public interests through unexpected natural disaster by assisting some part of the insurance premium from a central or local government. The main purpose of the present investigation is to build the insurance object GIS DB which should be necessary to calculate the premium rate in the map for storm and flood insurance, and also, to perform GIS analysis. The service model in this study is aimed to general single house, apartment and green house. The service management plan targeting the whole country has been investigated in terms of building DB and service operation.

A Study on the Indemnity System of Fishery Damage by Natural Disasters (자연재해로 인한 어업피해 전보방안에 관한 연구)

  • Kim, In-Yu
    • Journal of Fisheries and Marine Sciences Education
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    • v.26 no.5
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    • pp.1044-1057
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    • 2014
  • This study has seen about a indemnity system of fishery damage by natural disasters such as a problem and improvement methods of government aid system and system on accident insurance for cultured fishery products. Recently, in the situation that the demage of aquaculture industry caused by frequent typhoon resulted from global warming and abnormal changed of weather is nasty, the accident insurance for cultured fishery products is necessary to show its true quality and to protect fishers against natural disasters owing to the limitation of government's aid for them. However, The objects of accident insurance for cultured fishery products which is progress on, is too short to apply, so that it is absolutely insufficient to fulfill the demands of culturing fishermen. Therefore, It could be a certain preparation to magnify the range of object items of it and to convert the trial industry being adjusted to limited area into full scale industry to adjust over all nationally. Furthermore, This insurance is complicated and strict to join rather than other insurances. As it can be seen by examples that got in trouble, despite culturing fishermen applied to join the insurance, they took all demage because the insurance was not realized. So, It is hard to say that causes impute the responsibility of it to the authority of insurance, not culturing fishery. They should simplify the registration process, limit the period each registration process and consider a countermeasure to complete it. Concerning compensation for the loss, agriculture part is easier to investigate the loss due to remained dead crop damaged by natural disaster, meanwhile, in fishing part, especially in case of cultivation of fish, it is difficult to investigate the loss and demage because crops are blown all together with typhoon when it comes plus the facilities of them are also very old. Consequently to solve the problem needs more positive attitude as it is policy insurance.

A brief review of national management system in public health and medical aspect (보건의료관점에서 본 국가재난안전관리 체계 및 대책)

  • Kim, Jee-Hee;Lee, Si-Young
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.375-376
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    • 2008
  • Recently the increase of natural disaster and man-made disaster, newly emerging infectious diseases and bioterrorism attack changed the world in many aspects. So the Ministry of Health and Welfare and other related agencies are trying to solve the problems with disasters. We discussed these problems in the following eleven categories. (1) emergency medicine (2) communicable disease control, (3) food safety control, (4) public facilities safety, (5) social welfare facilities safety, (6) bioterrorism control, (7) geriatric health care, (8) insurance support, (9) overseas disaster victim support, (10) national organization protection, (11) fire fighter safety in forest fire. Through the reviews on the various kinds of disaster, we proposed the disaster control measure for the near future.

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A Study on the Effects and Adaptation of Climate Change in Insurance Industry (보험업의 기후변화 영향과 적응에 관한 연구)

  • Nam, Sang Wook
    • Journal of Climate Change Research
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    • v.8 no.2
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    • pp.153-161
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    • 2017
  • The purpose of this study is to screen for the effects of climate change and climate change adaptation in the insurance industry. There is now a consensus that the climate is changing, with potential risk to the global economy and human health and so on. On the other hand, unknown is the extent to which insurance business pattern have already been affected. But the increase in damage due to climate change is likely to raise insurance company losses. In this regard, I conduct especially an effects of the insurance industry on climate change. And than, I analyzed what insurance companies would do to lessen the impact of climate change. As a result, the impact of climate change on the insurance industry is a huge increases in claims due to disasters and diseases arising from climate change. And another thing is growth in climate change-related legislation, regulations and reporting requirements such as financial soundness regulation and climate change risk disclosure. Therefore, the insurance industry needs to build a climate change adaptation strategies include capital raising, liquidity of assets, faithful debt management and so forth.

Correlation Analysis between Building Damage Cost and Major Factors Affected by Typhoon

  • Yang, Sungpil;Yu, Yeongjin;Kim, Sangho;Son, Kiyoung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.702-703
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    • 2015
  • Currently, according to the climate change, serious damage by Typhoon has been occurred in the world. In this respect, the research on the damage prediction model to minimize the damage from various natural disaster has been conducted in several developed countries. In the case of U.S, various damage prediction models of buildings from natural disasters have been used widely in many organizations such as insurance companies and governments. In South Korea, although studies regarding damage prediction model of hurricane have been conducted, the scope has been only limited to consider the property of hurricane. However, it is necessary to consider various factors such as socio-economic, physical, geographical, and built environmental factors to predict the damages. Therefore, to address this issue, correlation analysis is conducted between various variables based on the data of hurricane from 2003 to 2012. The findings of this study can be utilized to develop for predicting the damage of hurricane on buildings.

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Problems and Improvement Directions for Damage Investigation of Aquaculture Products from Natural Disaster (양식수산물 자연재해 피해조사의 문제점과 개선방향 연구)

  • Kang, Jong-Ho;Moon, Gun-Ho
    • The Journal of Fisheries Business Administration
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    • v.50 no.3
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    • pp.31-42
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    • 2019
  • This study aims to determine problems of the damage investigation system of aquaculture products resulting from natural disaster and to deduce improvement plans for such problems. The main problems revealed from this study were as follows: 1) detailed damage investigation is carried out only by one particular organization, 2) for aquaculture insurance subscribers another detailed damage investigation is conducted to reveal the causes of natural disaster by a joint investigator team formed according to a different legislation with a different purpose, 3) damage investigation is usually suffered from lack of labor, budget and time due to the restriction of natural damage to a certain period of season leading to the absence of quick reaction capability for irresistible natural disasters, and 4) there are no specified procedures and protocols for deciphering causes of a natural demage. The improvement plans to find solutions for such problems are as follows: 1) for the investigation, the object, method and role of the investigation organization should be clarified by improving the present legislation, 2) investigation methods for determining the demage causes should be systematized by making a manual to minimize disputes, and 3) supports for the investigation organization should be institutionalized to guarantee sufficient budget and manpower. Under the present circumstance with continuous natural damages, smooth procedures of damage compensation would lead to the management stability of aquaculture farms.

Analysis of Typhoon Vulnerability According to Quantitative Loss Data of Typhoon Maemi (태풍 매미의 피해 데이터 기반 국내 태풍 취약성 분석에 관한 연구)

  • Ahn, Sung-Jin;Kim, Tae-Hui;Kim, Ji-Myong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.125-126
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    • 2019
  • This study aims to recognize damage indicators of typhoon and to develop damage function's indicators, using information derived from the actual loss of typhoon Maemi. As typhoons engender significant financial damage all over the world, governments and insurance companies, local or global, develop hurricane risk assessment models and use it in quantifying, avoiding, mitigating, or transferring the risks. For the reason, it is crucial to understand the importance of the risk assessment model for typhoons, and the importance of reflecting local vulnerabilities for more advanced evaluation. Although much previous research on the economic losses associated with natural disasters has identified the risk indicators that are indispensable, more comprehensive research addressing the relationship between vulnerability and economic loss are still called for. Hence this study utilizes and analyzes the actual loss record of the typhoon Maemi provided by insurance companies to fill such gaps. In this study, natural disaster indicators and basic building information indicators are used in order to generate the vulnerability functions; and the results and indicators suggest a practical approach to create the vulnerability functions for insurance companies and administrative tasks, while reflecting the financial loss and local vulnerability of the actual buildings.

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