IN THE PERIOD 2006 - 2010 THE GOVERNMENT AND THE INSURANCE (THE AS...

21. In the period 2006 - 2010 the government and the insurance (the Association) discussed again to find a way to

insure the risk of flooding. For possible replacement of the WTS the possibility of a public-private flood insurance

is explored. However, the government noted in 2010 that a public-private flood insurance has some inherent

limitations and would lead to a burden in times of economic crisis, and is therefore not desirable. Since then, the

Association works on its own (collective) insurance structure.

The current market for fire insurance