Managing Extreme Climate Change Risks through Insurance
| Author | : | |
| Rating | : | 4.18 (537 Votes) |
| Asin | : | 1107033276 |
| Format Type | : | paperback |
| Number of Pages | : | 451 Pages |
| Publish Date | : | 2015-07-24 |
| Language | : | English |
DESCRIPTION:
"Four Stars" according to Diego Alejandro Guzmán Arias. good
'Are insurers the victims, the virtuous or the villains of climate change? W. Hall, Professor of Climate and Environmental Risks, University of Oxford'Rapidly changing climate combined with growing exposure in high risk areas is likely to trigger more extreme events around the world in the coming years. Based on sound economic analysis in the Netherlands and other countries, this book provides an advanced analysis of what challenges and opportunities this creates for insurers, governments and those who want to be financially protected. Wakker, Professor of Decisions Under Uncertainty, Erasmus School of Economics, Erasmus University, Rotterdam . It is a must-read for researchers and managers of risks of natural disasters.' Peter P. J. J. W. Wouter Botzen is one of the most insig
W. Wouter Botzen is Assistant Professor in the Department of Environmental Economics at the Institute for Environmental Studies, VU University Amsterdam. . J
The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. 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. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Written in plain language, this book will appeal to researchers and policy-makers alike.. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in