This law establishes an insurance scheme for natural disasters in Norway. It requires that, if property is insured against fires it also be insured against all other natural hazards. It establishes a risk pool that includes both private insurance companies and the government.
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Natural Damage Insurance Act
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Natural Damage Insurance Act
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.