Flood risk reduction through insurance for SMEs in Pathumthani province, Thailand
Bibliographic Data
| ID | 3886559 |
|---|---|
| Authors | Shubham Pathak (0000-0002-2750-8483, Breakthrough, corresponding author), Mokbul Morshed Ahmad (0000-0002-4003-0920) |
| Year | 2018 |
| Volume | 28 |
| Issue | 2 |
| Pages | 303-310 |
| Publication date | 2018-02-17 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Development in Practice (JOURNAL) |
| Journal identifiers | ISSN: 0961-4524 • E-ISSN: 1364-9213 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/09614524.2018.1425375 |
| OpenAlex | W2791309063 |
| Language | EN |
| Citations received | 4 |
| References cited | 15 |
Insurance could be an effective mechanism to assist small and medium enterprises mitigate unforeseen flood disasters. This article analyses insurance as an option for manufacturing SMEs to adopt to aid recovery from damage caused by floods, using data from flood-affected SMEs in Pathumthani province, Thailand, in 2011. The study findings suggest that inaccurate risk perception, reluctance of SMEs to utilise insurance due to high premium rates, and poor adoption of flood mitigation strategies resulted in longer recovery periods following the 2011 floods
Actuarial science · Business · Business interruption insurance · Environmental planning · Flood insurance · Flood myth · General insurance · Geography · Income protection insurance · Insurance policy · South asia · Agricultural risk and resilience · Flood Risk Assessment and Management · Insurance and Financial Risk Management · Finance
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2020 - 2023 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |