Insurance Climate Change and the Law is popular PDF and ePub book, written by Franziska Arnold-Dwyer in 2024, it is a fantastic choice for those who relish reading online the Climate change insurance genre. Let's immerse ourselves in this engaging Climate change insurance book by exploring the summary and details provided below. Remember, Insurance Climate Change and the Law can be Read Online from any device for your convenience.
Insurance Climate Change and the Law Book PDF Summary
"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"--
Detail Book of Insurance Climate Change and the Law PDF
- Author : Franziska Arnold-Dwyer
- Release : 01 July 2024
- Publisher : Unknown
- ISBN : 1032333065
- Genre : Climate change insurance
- Total Page : 0 pages
- Language : English
- PDF File Size : 14,9 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Insurance Climate Change and the Law by Franziska Arnold-Dwyer, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.