Industry experience in managing home insurance claims without a cap on the rebuilding cost led to a change to sum insured policies that cover a specified dollar amount for rebuilding cost. This development changes, to some degree, the allocation of risk between insurers, customers and the state.
In addition, many countries continue to see the normal pattern in which the markets that intermediate the flows of saving and investment, and that develop the tradeable financial claims over the stock of real wealth, grow faster than income.