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Book Synopsis

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 â such as property damage caused by windstorms, flooding, and wildfires â 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 insurerâs 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 industryâs impact on the environment and t

Insurance Climate Change and the Law

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    A Hardback by Franziska Arnold-Dwyer

    £240.00

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    Order before 4pm today for delivery by Tue 25 Aug 2026.

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      Book details

      Publisher Taylor & Francis
      Published 4 March 2024
      ISBN-13 9781032289595
      978-1032289595
      ISBN-10 1032289597
      Also in:
      Law Insurance law

      Description

      Book Synopsis

      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 â such as property damage caused by windstorms, flooding, and wildfires â 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 insurerâs 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 industryâs impact on the environment and t

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