Browse > Article
http://dx.doi.org/10.5762/KAIS.2015.16.4.2933

A Study on Way to Classify Premium Rate Considering Flood Risk  

Sim, Gyu-Seong (Dongbu Engineering)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.16, no.4, 2015 , pp. 2933-2939 More about this Journal
Abstract
Premium rate should be applied the insurance objects are classified reasonably, depending on the degree of exposure to disaster risk. But the existing premium rate is applied same basic rate each cities and districts without the degree of exposure to disaster risk. In this study, we analyzed the exposure to flood risk using channel buffering and suggested way to classify the premium rate by reflecting the analysis results in order to improve its. It is determined that this study would contribute to calculate the storm and flood insurance basic rate reflected risk and make and analysis of flood risk of the local river that conditions of inundation simulation is insufficient.
Keywords
Channel Buffering; Flood Risk Premium Rate; Storm and Flood Insurance;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 National Emergency Management Agency, "2013 Disaster Annual Report", 2013.
2 G. S. Sung, "Development of an Estimation Method for Flood and Storm Insurance Rating Based on Regional Safety Index", Master's Thesis, Kongju National University, 2010.
3 J. H. Yoo, "An Empirical Study on the Existence and Cause of Adverse Selection in Natural Disaster Insurance Markets", Doctor's Thesis, Sogang University, 2011.
4 Y. Paudel, W. J. W. Botzen, J. C. J. H. Aerts, "Estimation of Insurance Premiums for Coverage Against Natural Disaster Risk: An Application of Bayesian Inference", Nat. Hazards Earth Syst. Sci., Vol.13, pp. 737-754, 2013. DOI: http://dx.doi.org/10.5194/nhess-13-737-2013   DOI
5 H. C. Lee, S. Y. Park, C. H. Lee, Y. S. Kim, "The Point at Issue and Improvement of Natural Disaster Insurance Rate System", Journal of Korean Society of Hazard Mitigation, Vol.14, No.1, pp. 223-231, 2014. DOI: http://dx.doi.org/10.9798/KOSHAM.2014.14.1.223   DOI
6 National Emergency Management Agency, "A Study on Storm and Flood Damage Insurance Activation Plan in Connection with Comprehensive Disaster Mitigation Measures", 2008.
7 National Emergency Management Agency, "Storm and Flood Damage Insurance Administration Mapping Study Report", 2008.
8 Han River Flood Control Office, "Flood Risk Maps Master Plan Report", 2008.
9 National Emergency Management Agency, "Guidelines for Disaster Mapping Standards", 2012.