Original scientific paper
https://doi.org/10.1080/1331677X.2017.1314817
Catastrophe risk management in Romania and Transylvania’ specifics. Issues for national and local administrations
Marius Dan Gavriletea
Abstract
Worldwide catastrophic events have increased significantly in the last
century and caused global economic losses and impacted people
lives. Given the circumstances it is necessary for all countries to set
up policies, procedures in order to identify, to evaluate, manage and
monitor catastrophic risks. Insurance represents one of the solution
available in the market for managing catastrophic risks. This paper
will study the attitudes of different European countries towards
catastrophic risk protection and then we study the Romanian Pool
Against Natural Disaster. We concentrate the research on two major
areas, earthquakes and floods risks, based on the fact that Romania
is most exposed to these risks.
Keywords
Catastrophe; flood; earthquake; risk management; insurance; PAID
Hrčak ID:
182565
URI
Publication date:
1.12.2017.
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