6.5 Chapter Conclusion
The above chapter has examined the operation of three different national flood compensation systems.
Using the analytical framework built in Chapter 2, the components and attributes of each system have
been identified and where possible relationships and interactions have been captured. As each system
included private insurance companies, although with differing roles and responsibilities, particularly with
regard to the financing of flood risk, it has been possible to extract a number of underlying conditions
that pertain to their effective operation. The research question posed at the beginning of this chapter
has been adequately answered:
The conditions contribute to effectiveness of national flood insurance systems in practice, in no
particular order, include the following:
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