This paper addresses the key challenges in insuring against catastrophic risks, with a particular focus on flood risk as one of the most complex and economically significant natural hazards in contemporary conditions. These challenges stem from the increasing frequency and severity of extreme events, the spatial and temporal correlation of losses, ...

By Jelena Kočović, Nataša Tešić, Marija Koprivica

The Agenda adopted by the Assembly of the United Nations in September 2015, entitled 'The 2030 Agenda for Sustainable Development', emphasizes as one of itsmajor goals reducing the vulnerability of the population to climate change and natural disaster risks emerging as a consequence of the change. Catastrophe risk insurance is certainly one of the ...

By Jelena Kočović, Marija Koprivica, Nataša Tešić