Climate Society And Elemental Insurance

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Climate, Society and Elemental Insurance

Author : Kate Booth,Chloe Lucas,Shaun French
Publisher : Routledge
Page : 233 pages
File Size : 42,9 Mb
Release : 2022-06-24
Category : Science
ISBN : 9781000591750

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Climate, Society and Elemental Insurance by Kate Booth,Chloe Lucas,Shaun French Pdf

In this book, world-leading social scientists come together to provide original insights on the capacities and limitations of insurance in a changing world. Climate change is fundamentally changing the ways we insure, and the ways we think about insurance. This book moves beyond traditional economics and financial understandings of insurance to address the social and geopolitical dimensions of this powerful and pervasive part of contemporary life. Insurance shapes material and social realities, and is shaped by them in turn. The contributing authors of this book show how insurance constitutes and is constituted through the traditional elements of earth, water, air, fire, and the novel element of big data. The applied and theoretical insights presented through this novel elemental approach reveal that insurance is more dynamic, multifaceted, and spatially variegated than commonly imagined. This book is an authoritative source on the capacities and limitations of insurance. It is a go-to reference for researchers and students in the social sciences – particularly those with an interest in economics and finance, and how these intersect with geography, politics, and society. It is also relevant for those in the disaster, environmental, health, natural, and social sciences who are interested in the role of insurance in addressing risk, resilience, and adaptation. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Managing Extreme Climate Change Risks through Insurance

Author : W. J. Wouter Botzen
Publisher : Cambridge University Press
Page : 453 pages
File Size : 53,6 Mb
Release : 2013-03-28
Category : Business & Economics
ISBN : 9781107355491

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Managing Extreme Climate Change Risks through Insurance by W. J. Wouter Botzen Pdf

In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. He recognises the role of the individual in preparing for disasters, as well as the difficulties individuals have in understanding and dealing with infrequent risks. Written in plain language, this book will appeal to researchers and policy-makers alike.

Disaster Insurance Reimagined

Author : Paula Jarzabkowski,Paula (Professor of Strategic Management Jarzabkowski, Professor of Strategic Management University of Queensland and City University of London),Konstantinos Chalkias,Konstantinos (Senior Lecturer in Management Chalkias, Senior Lecturer in Management Birkbeck University of London),Eugenia (Senior Lecturer in Management Cacciatori, Bayes Business School Senior Lecturer in Management Bayes Business School City University of London),Senior Lecturer in Management Bayes Business School Eugenia Cacciatori,Rebecca Bednarek,Rebecca (Associate Professor Bednarek, Associate Professor Victoria University Wellington)
Publisher : Oxford University Press
Page : 177 pages
File Size : 45,8 Mb
Release : 2023-08
Category : Electronic
ISBN : 9780192865168

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Disaster Insurance Reimagined by Paula Jarzabkowski,Paula (Professor of Strategic Management Jarzabkowski, Professor of Strategic Management University of Queensland and City University of London),Konstantinos Chalkias,Konstantinos (Senior Lecturer in Management Chalkias, Senior Lecturer in Management Birkbeck University of London),Eugenia (Senior Lecturer in Management Cacciatori, Bayes Business School Senior Lecturer in Management Bayes Business School City University of London),Senior Lecturer in Management Bayes Business School Eugenia Cacciatori,Rebecca Bednarek,Rebecca (Associate Professor Bednarek, Associate Professor Victoria University Wellington) Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Academic and offered as a free PDF download from OUP and selected open access locations. This book examines the growing role and importance of 'Protection Gap Entities' (PGEs), not-for-profit entities providing insurance protection that would otherwise be unavailable within a purely private sector context. Around the world, PGEs and the insurance instruments they use are becoming increasingly crucial in making sure that funds are available to rebuild after disasters. These PGEs, typically developed as collaborations between governments and the insurance industry, enable insurance to continue at a time when climate change, urbanization, global interdependence, and geo-political instability are making disaster insurance increasingly expensive or unavailable. Given their growing importance, understanding the role of PGEs in both insurance protection and their potential to create a more resilient society is critical. Disaster Insurance Reimagined uses practical examples from different countries to explain how PGEs step in to maintain disaster insurance and how their work can, but does not always, improve financial and physical resilience to disaster. Drawing on 5 years of research into 17 entities that provide insurance cover in 49 countries, the authors examine the strengths, limitations, and evolution of PGEs in providing disaster protection in the face of a growing insurance crisis. They provide an accessible discussion of disaster insurance, its complexities, and the transformation it needs to undergo in order to remain relevant and to contribute to meaningful disaster protection. PGEs and their work offer a path to re-imagining disaster insurance as a key tool in an ecosystem that has societal protection from disaster at its heart.

Weather and Climate Extremes

Author : Thomas R. Karl,Neville Nicholls,Anver Ghazi
Publisher : Springer Science & Business Media
Page : 343 pages
File Size : 44,5 Mb
Release : 2013-03-09
Category : Science
ISBN : 9789401592659

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Weather and Climate Extremes by Thomas R. Karl,Neville Nicholls,Anver Ghazi Pdf

Are extreme weather events becoming more common? How do extreme weather events impact society? These are critical questions that must be examined as we confront the possibility that the world will experience a change in climate over the next century. Much of the research in climatology over the past decade has focused on potential changes in long- term averages of temperature, precipitation and other factors. However, it is becoming increasingly clear that changes in average values will be accompanied by changes in extreme events. Furthermore, extreme weather events will impact society to a greater extent as people around the world continue to locate in more hazard-prone areas such as coastal zones. This book represents a major step forwards in developing a comprehensive set of information about changes in extreme events by providing a review of the problems in data availability, quality and analysis that make deriving a clear picture of world-wide changes in extreme events so difficult. Audience: The book is intended for policy-makers, professionals, graduate students and others interested in learning how extreme weather events have changed, and how they impact society both now and in the future.

Insurance Systems in Times of Climate Change

Author : Cornel Quinto
Publisher : Springer Science & Business Media
Page : 178 pages
File Size : 44,5 Mb
Release : 2011-10-22
Category : Law
ISBN : 9783642224355

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Insurance Systems in Times of Climate Change by Cornel Quinto Pdf

Natural disasters such as large-scale flooding are on the increase. Climate change directly affects our basis of existence. This includes residential buildings, and commercial and industrial properties. The author highlights the requirements that will have to be met by a protection system for buildings in the future. Insurance against natural hazards lies at the heart of such a system. The insurance systems of Germany, France, Spain, Switzerland and the USA are presented. The author explains what type of insurance system is best suited to meet the challenge of climate change. The starting point of the legal section is statutory insurance with a monopoly. The question of whether such insurance is compatible with Swiss and EU law is examined. Keywords in this respect are economic freedom, competition, services of general interest and universal service.

Insurance, Climate Change, and the Law

Author : Franziska Arnold-Dwyer
Publisher : Informa Law from Routledge
Page : 0 pages
File Size : 44,6 Mb
Release : 2024
Category : Climate change insurance
ISBN : 1032289597

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Insurance, Climate Change, and the Law by Franziska Arnold-Dwyer Pdf

The insurance industry has found itself at the front line of climate change challenges, providing insurance cover in relation to risks associated with climate change. As risk carriers, insurers pay claims for climate change related losses - such as property damage caused by windstorms, flooding, and wildfires - which have been increasing in frequency and severity. As major institutional investors, insurance companies invest in assets that may be increasingly vulnerable to climate risks. Insurance regulators across the globe have therefore started to require insurance companies to identify, manage and report on climate change risks that could pose a threat to their financial stability. However, managing and reporting on the effect of climate risk on an insurer's balance sheet is an inward-looking perspective that does not stem climate change. It needs to be paired with an outward-looking perspective that takes account of the insurance industry's impact on the environment, and the insurance industry's capacity to influence what policyholders, investee enterprises and other business partners do to address climate change challenges. For the insurance industry, the key components of positive outward impact are "impact underwriting" and "impact investment". This book sets out the current legal and regulatory landscape for impact underwriting and impact investment. Whilst the focus of research and regulatory interventions to date has been on inward impact, in this book it will be argued that, to take positive climate action that supports the Paris Agreement goals and the national and international Net Zero targets, the debate should now move on to considering the positive outward impact the insurance industry can make, and how we can create a legal environment to facilitate this. The book puts forward the case for a new vision of the role of the insurance industry as climate action enablers and makes proposals for insurance products and risk transfer and loss resilience structures that can support policyholders in their transition to a Net Zero economy. The audience for this book will include legal practitioners, insurance industry professionals, financial and insurance regulators, policymakers and interested academics.

(Mis)managing Macroprudential Expectations

Author : John H. Morris,Hannah Collins
Publisher : Edward Elgar Publishing
Page : 198 pages
File Size : 40,8 Mb
Release : 2023-07-01
Category : Political Science
ISBN : 9781800887596

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(Mis)managing Macroprudential Expectations by John H. Morris,Hannah Collins Pdf

Using a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda.

Criminology and Climate

Author : Cameron Holley,Liam Phelan,Clifford Shearing
Publisher : Routledge
Page : 209 pages
File Size : 47,8 Mb
Release : 2020-12-29
Category : Business & Economics
ISBN : 9780429574955

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Criminology and Climate by Cameron Holley,Liam Phelan,Clifford Shearing Pdf

This book explores the role of the insurance industry in contributing to, and responding to, the harms that climate change has brought and will bring either directly or indirectly. The Anthropocene signifies a new role for humankind: we are the only species that has become a driving force in the planetary system. What might criminology be in the Anthropocene? What does the Anthropocene suggest for future theory and practice of criminology? Criminology and Climate, as part of Routledge’s Criminology at the Edge Series, seeks to contribute to this research agenda by exploring differing vantage points relevant to thinking within criminology. Contemporary societies are presented with myriad intersecting and interacting climate-related harms at multiple scales. Criminology and Climate brings attention to the finance sector, with a particular focus on the insurance industry as one of its most significant components, in both generating and responding to new climate ‘harmscapes’. Bringing together thought leaders from a variety of disciplines, this book considers what finance and insurance have done and might still do, as ‘fulcrum institutions’, to contribute to the realisation of safe and just planetary spaces. An accessible and compelling read, this book will appeal to students and scholars of criminology, sociology, law and environmental studies and provides readers with a basis to analyse the challenges and opportunities for the finance sector, and in particular the insurance industry, in the regulation of climate harms.

The Impact of Climate Change and Sustainability Standards on the Insurance Market

Author : Kiran Sood,Simon Grima,Peter C. Young,Ercan Ozen,Balamurugan Balusamy
Publisher : John Wiley & Sons
Page : 500 pages
File Size : 54,8 Mb
Release : 2023-08-22
Category : Business & Economics
ISBN : 9781394166510

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The Impact of Climate Change and Sustainability Standards on the Insurance Market by Kiran Sood,Simon Grima,Peter C. Young,Ercan Ozen,Balamurugan Balusamy Pdf

The Impact of CLIMATE CHANGE and SUSTAINABILITY STANDARDS on the INSURANCE MARKET The book explores the role of the insurance industry in contributing and responding to the harms that climate change has brought. This book delves into the physical and logical impacts, both direct and indirect, on the insurance industry. Subjects discussed include new technology such as big data, artificial intelligence, machine learning, the growth of sustainable economics with foreign direct investments (FDIs), trustworthiness, and ethics. Related use cases of data science for claim processing, fraud detection and prevention, policy administration, pricing, and underwriting are discussed along with cyber security issues, data protection, and big data regulatory reforms. To promote ESG sustainability, the insurance industry plays a critical and significant role. Climate-related risks are being factored into underwriting and investing strategies. Through their own operations and business activities, insurers may promote the ESG agenda and move towards sustainability. Also discussed are promoting diversity and inclusion, lowering greenhouse gas (GHG) emissions, resolving gender inequality, and helping communities through charitable work, which all improve a company’s brand, reputation, and ESG credentials. Audience The book is specially designed for administrators, lecturers, researchers, students of insurance and sustainability, students in financial services, insurance practitioners, actuaries, loss adjusters, underwriters, regulators, facilities management, utility companies, voluntary organizations, government departments, business leaders, policymakers, decision-makers, investors, risk managers, compliance managers, and audit managers amongst many others.

Managing Extreme Climate Change Risks Through Insurance

Author : W. J. Wouter Botzen
Publisher : Unknown
Page : 454 pages
File Size : 46,8 Mb
Release : 2013
Category : Climatic changes
ISBN : 1107238196

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Managing Extreme Climate Change Risks Through Insurance by W. J. Wouter Botzen Pdf

Examination of how insurance arrangements can contribute to societies' management of the risks of natural disasters in a changing climate.

Handbook of the Anthropocene

Author : Nathanaël Wallenhorst,Christoph Wulf
Publisher : Springer Nature
Page : 1595 pages
File Size : 42,8 Mb
Release : 2023-08-21
Category : Philosophy
ISBN : 9783031259104

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Handbook of the Anthropocene by Nathanaël Wallenhorst,Christoph Wulf Pdf

This Handbook is a collection of contributions of more than 300 researchers who have worked to grasp the Anthropocene, this new geological epoch characterised by a modification of the conditions of habitability of the Earth for all living things, in its biogeophysical and socio-political reality. These researchers also sought to define a historical and prospective anthropology that integrates social, economic, cultural and political issues as well as, of course, environmental ones. What are the anthropological changes needed to ensure that our human adventure will be able to continue in the Anthropocene? And what are the educational and political issues involved? Anthropocene is fast becoming a widely-used term, but thus far, there been no reference work explaining the thoughts of the greatest experts of the present day on this subject (at the intersection of biogeophysical and socio-political knowledge). A scientific and political concept (but which is also the conceptual vehicle for conveying the scientific community's sense of concern), this complex term is explained by international experts as they reflect on scientific arguments taking place in earth system science, the social sciences and the humanities. What these researchers from different disciplines have in common is a healthy concern for the future and how to prepare for it in the Anthropocene and also the identification of possible anthropological changes. This Handbook encourages readers to immerse themselves in reflections on the human adventure through descriptions of our differing heritages and the future that is in the process of being written.

Climate Change and Insurance

Author : Eugene N. Gurenko
Publisher : Routledge
Page : 97 pages
File Size : 43,7 Mb
Release : 2015-02-13
Category : Business & Economics
ISBN : 9781136535444

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Climate Change and Insurance by Eugene N. Gurenko Pdf

Climate change brings about a new set of major economic risks arising from changing weather patterns, extreme weather events and rising sea levels. Most at risk are developing countries who, despite considerable post-disaster donor aid, have been bearing the major brunt of disaster-related losses. One adaptation solution that is rapidly gaining the support of countries and international donors is a risk transfer to the global reinsurance and capital markets. This volume, a special issue of the journal Climate Policy, explores the role that insurance-based mechanisms can play in helping developing countries prepare for climate change. It offers a unique and comprehensive perspective on the potential role of insurance solutions in global adaptation to climate change and attempts to engender debate on the role of insurance in reducing global emissions and encouraging climate-friendly corporate behaviour.

Managing Extreme Climate Change Risks Through Insurance

Author : W. J. Wouter Botzen
Publisher : Unknown
Page : 464 pages
File Size : 46,5 Mb
Release : 2013
Category : Climatic changes
ISBN : 1107342120

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Managing Extreme Climate Change Risks Through Insurance by W. J. Wouter Botzen Pdf

"In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk--insurance--has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. He recognises the role of the individual in preparing for disasters, as well as the difficulties individuals have in understanding and dealing with infrequent risks. Written in plain language, this book will appeal to researchers and policy-makers alike"--

Climate Change and Catastrophe Management in a Changing China

Author : Qihao He
Publisher : Edward Elgar Publishing
Page : 244 pages
File Size : 40,9 Mb
Release : 2024-06-29
Category : Climate change insurance
ISBN : 9781788111867

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Climate Change and Catastrophe Management in a Changing China by Qihao He Pdf

China is the largest greenhouse gas emitter in the world and also suffers from devastating climate catastrophes. Increasingly, policymakers in China have come to realize that government alone cannot adequately prevent or defray climate-related disaster risks. This book contends that a better way to manage catastrophe risk in China is through private insurance rather than directly through the Chinese government. In addition, private insurance could function as a substitute for, or complement to, government regulation of catastrophe risks by causing policyholders to take greater precautions to reduce climate change risks.

Climate Change

Author : John B. Stephenson
Publisher : DIANE Publishing
Page : 74 pages
File Size : 45,5 Mb
Release : 2007-08
Category : Electronic
ISBN : 1422315592

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Climate Change by John B. Stephenson Pdf

Weather-related events have cost the nation billions of dollars in damages over the past decade. Many of these losses are borne by private insurers & by two federal insurance programs -- the National Flood Insurance Program, which insures properties against flooding, & the Federal Crop Insurance Corp., which insures crops against drought or other weather disasters. The author was asked to: (1) describe how climate change may affect future weather-related losses; (2) determine past insured weather-related losses; & (3) determine what major private insurers & federal insurers are doing to prepare for potential increases in such losses. Includes recommendations. Charts & tables.