Public-Private Cooperation for Climate Adaptation—Providing Insurance Loss Data to the Municipalities

Comparison and analysis of national climate change adaptation policies in the Nordic region

“…In general, no 'negative' economic policy measures, such as taxes, have been established that speci ically focus on enhancing climate change adaptation. Norway has established several insurance schemes that apply to natural perils, partly public and partly public-private cooperation, which overall means that Norway has among the best functioning insurance schemes when it comes to making society robust to climate change (Hauge et al, 2020). In Norway, there are three main types of inancial support schemes to compensate for loss (Aall et al, 2015a).…”

Ethics of Climate Change Adaptation—The Case of Torrential Rains in Norway

“…First, network activities are needed for practical dissemination of knowledge about the reactive nature of CCA measures. In a series of papers, Hauge et al [94][95][96] discuss the nature of existing guidelines for CCA and the need for knowledge network activities as a strategy for dissemination.…”

“…Data contribute to an improved understanding of the risks involved, and consequently to prioritizing measures. As described by Hauge et al [95], the data provided made possible a public-private cooperation between regulatory bodies and insurance companies. The Norwegian Directorate for Civil Protection (Direktoratet for samfunnssikkerhet og beredskap) and Finance Norway implement common measures to prevent undesirable nature events.…”

The use of insurance data in the analysis of Surface Water Flood events – A systematic review

“…There may be many reasons for this reluctance, such as competition for market share, reputational issues, loyalty towards customers, or anxiety about the impact disclosure may have on residential property markets. A recent study, which carried out interviews and analysed the results from eight largest insurance companies in Norway in regard to their willingness and demands to share damage data, concludes that the largest insurance companies (representing 90 % of the market) are willing to share their data with municipalities and governmental agencies (Hauge et al, 2018). However, in order to share their data, several demands were identified: an arrangement that ensures restricted manageable admission of their data, especially to other (inter-)national companies; the availability of a data administrator and/or intelligent infrastructure that guarantees security and confidence in data protection; and, compliance and adaptation to new implemented regulations regarding protections of privacy (Hauge et al, 2018).…”