DocumentCode
2177243
Title
Notice of Retraction
The Micro-Insurance Plan Based on Risk Degree of Debris Flow
Author
Mingtao Ding ; Qing Wang ; Xiaoqing Chen ; Wanyu Zhao
Author_Institution
Sch. of Environ. & Resources, Southwest Univ. of Sci. & Technol., Mianyang, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE\´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The insurance companies usually classify the debris-flow disaster as "uninsurable". This paper proposes a new way for disaster insurance, which is the micro-insurance plan based on risk degree of debris flow. The micro-insurance plan, which can overcome some disadvantages such as adverse selection, moral hazard and high expenses for insurance management, is quite suitable for residents to participate in disaster insurance of debris flow in small cities or towns of China. Based on the risk assessment, this paper takes Dongchuan city in Shengou basin of Yunnan province as a case study to show the feasibility and risk countermeasures of the micro-insurance plan. When the property in different risk zones is insured, the micro-insurance plan based on risk degree of debris flow is made with some additional conditions, which can reflect the disaster features in specific regions and embody the principle of fairness. What\´s more, the micro-insurance plan will provide a new way for the development of disaster insurance in risk regions of debris flows.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE\´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The insurance companies usually classify the debris-flow disaster as "uninsurable". This paper proposes a new way for disaster insurance, which is the micro-insurance plan based on risk degree of debris flow. The micro-insurance plan, which can overcome some disadvantages such as adverse selection, moral hazard and high expenses for insurance management, is quite suitable for residents to participate in disaster insurance of debris flow in small cities or towns of China. Based on the risk assessment, this paper takes Dongchuan city in Shengou basin of Yunnan province as a case study to show the feasibility and risk countermeasures of the micro-insurance plan. When the property in different risk zones is insured, the micro-insurance plan based on risk degree of debris flow is made with some additional conditions, which can reflect the disaster features in specific regions and embody the principle of fairness. What\´s more, the micro-insurance plan will provide a new way for the development of disaster insurance in risk regions of debris flows.
Keywords
disasters; insurance; risk management; Dongchuan city; debris-flow disaster; disaster insurance; insurance company; micro-insurance plan; risk assessment; risk degree; Cities and towns; Disaster management; Environmental economics; Ethics; Finance; Hazards; Insurance; Local government; Region 2; Risk management;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5304904
Filename
5304904
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