6.3 Lesson from the cases: evidence based conditions
In all three national cases, the insurance systems are operating to a greater or lesser extent effectively
i.e. conferring both economic and social benefits. Evidenced by the recent public controversy over
affordable flood insurance premium for high-risk properties the UK free market system is probably the
one with the most difficulties, which may or may not be resolved with the introduction of the insurance
pool, Floor Re, in 2012. Nevertheless, there are important lessons that can be use derive conditions for
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effective private flood insurance that can be applied to the Dutch context. The next section will examine
assimilate practice based evidence from the three case as to what the most important of these
conditions might be.
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