Statens Naturskadefond, Norway
Statens Naturskadefond Title
Statens Naturskadefond
Norway Description
Compensation for natural damages in Norway
In Norway the threat from natural damages has always been present and relevant in daily life, and in people’s minds. The idea in Norway of implementing a source of compensation for rebuilding and reacquiring property destroyed in a natural damage incident is almost 150 years old, and we have had a compensation scheme implemented by law since 1961. The scheme includes almost all real and movable private property, divided in a private insurance scheme and a public compensation scheme.
Mitigation of natural damages has largely been kept out of the compensation scheme, with the exception of lesser grants for measures to «build back better», and the incentives in the schemes rules of curtailment.
The broad scope of the scheme, and the extent of the grants according to the scheme, makes it unique worldwide.
Norway News and Events
News and Events
9 February 2024
The government at the Ministry of Agriculture and Food and the Norwegian Reindrift Samers National Association (NRL) have today agreed on a new reindeer herding agreement for 2024/2025.
7 february 2024
In an editorial in Finansavisen 29.1, Trygve Hegnar claims that agriculture's "planning economists" miss the mark all the time. The background for the statement is the reports in the media about a shortage of eggs, potatoes and milk powder.
23 January 2024
Extreme weather Hans caused great damage, especially in Viken and Innlandet counties. The application sum for cases after Hans alone amounts to NOK 690 million. In comparison, after Vesleofsen in 1995, approx. NOK 330 million from the public natural damage scheme (KPI adjusted 2022).
https://www.landbruksdirektoratet.no/nb/