1 INTRODUCTION TO UNDERSTAND WHETHER A PRIVATE FLOOD INSURANCE SYS...

7.1  Introduction  

To understand whether a private flood insurance system could be beneficial to the Netherlands, it is

first necessary to know the characteristics of the current flood risk compensation there, including recent

proposals to change the system. The first section of this chapter will apply the research framework that

was used previously to analyse the three national case studies to better understand the characteristics

of current flood risk compensation in the Dutch context. Using the same research framework facilitates

cross-country comparisons to better address the research objectives of this thesis. The second part of

this chapter will attempt to answer the question whether the conditions are present for effective private

flood insurance to be introduced. How these conditions contribute to effective private flood insurance is

also reflected upon. The following research sub-question is therefore addressed.

SQ4: Are the conditions present to introduce a private flood insurance system in the

Netherlands?

The data used in this chapter is based on the theoretical and empirical insights from the previous

chapters. This information will be assimilated to elucidate conditions for potentially changing the flood

compensation system in the Netherlands towards a system that includes a role for the private insurance

sector.