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Climate change and insurance: a critical appraisal

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  • Tol, Richard S. J.

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  • Tol, Richard S. J., 1998. "Climate change and insurance: a critical appraisal," Energy Policy, Elsevier, vol. 26(3), pages 257-262, February.
    • Handle: RePEc:eee:enepol:v:26:y:1998:i:3:p:257-262
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    1. Andrew F Dlugolecki, 1992. "Insurance Implications of Climatic Change," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 17(3), pages 393-405, July.
    2. Tol, Richard S. J., 1996. "The damage costs of climate change towards a dynamic representation," Ecological Economics, Elsevier, vol. 19(1), pages 67-90, October.
    3. Tucker, Michael, 1997. "Climate change and the insurance industry: the cost of increased risk and the impetus for action," Ecological Economics, Elsevier, vol. 22(2), pages 85-96, August.
    4. Alan Manne & Richard Richels, 1992. "Buying Greenhouse Insurance: The Economic Costs of CO2 Emission Limits," MIT Press Books, The MIT Press, edition 1, volume 1, number 026213280x, December.
    5. Pate-Cornell, M Elisabeth, 1996. "Global Risk Management," Journal of Risk and Uncertainty, Springer, vol. 12(2-3), pages 239-255, May.
    6. Graciela Chichilnisky & Geoffrey Heal, 1993. "Global Environmental Risks," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 65-86, Fall.
    7. Parry, Ian W. H., 1993. "Some estimates of the insurance value against climate change from reducing greenhouse gas emissions," Resource and Energy Economics, Elsevier, vol. 15(1), pages 99-115, March.
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    Cited by:

    1. Töppel, Jannick & Tränkler, Timm, 2019. "Modeling energy efficiency insurances and energy performance contracts for a quantitative comparison of risk mitigation potential," Energy Economics, Elsevier, vol. 80(C), pages 842-859.
    2. Adamson, Seabron & Sagar, Ambuj, 2002. "Managing climate risks using a tradable contingent security approach," Energy Policy, Elsevier, vol. 30(1), pages 43-51, January.
    3. Liu, Bing & Yin, Weijun & Chen, Gang & Yao, Jing, 2023. "The threshold effect of climate risk and the non-linear role of climate policy uncertainty on insurance demand: Evidence from OECD countries," Finance Research Letters, Elsevier, vol. 55(PA).
    4. Richard S. J. Tol & Nicolien Van Der Grijp & Alexander A. Olsthoorn & Peter E. Van Der Werff, 2003. "Adapting to Climate: A Case Study on Riverine Flood Risks in the Netherlands," Risk Analysis, John Wiley & Sons, vol. 23(3), pages 575-583, June.
    5. Fankhauser, Samuel & Smith, Joel B. & Tol, Richard S. J., 1999. "Weathering climate change: some simple rules to guide adaptation decisions," Ecological Economics, Elsevier, vol. 30(1), pages 67-78, July.
    6. Amanda Savitt, 2017. "Insurance as a tool for hazard risk management? An evaluation of the literature," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 86(2), pages 583-599, March.
    7. Kolstad, Charles D. & Toman, Michael, 2005. "The Economics of Climate Policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 30, pages 1561-1618, Elsevier.
    8. Busch, Timo & Hoffmann, Volker H., 2007. "Emerging carbon constraints for corporate risk management," Ecological Economics, Elsevier, vol. 62(3-4), pages 518-528, May.
    9. W. J. W. Botzen & J. C. J. M. Van Den Bergh, 2008. "Insurance Against Climate Change and Flooding in the Netherlands: Present, Future, and Comparison with Other Countries," Risk Analysis, John Wiley & Sons, vol. 28(2), pages 413-426, April.
    10. Müller-Fürstenberger, Georg & Schumacher, Ingmar, 2015. "Insurance and climate-driven extreme events," Journal of Economic Dynamics and Control, Elsevier, vol. 54(C), pages 59-73.
    11. Architesh Panda, 2013. "Climate Variability and the Role of Access to Crop Insurance as a Social-Protection Measure: Insights from India," Development Policy Review, Overseas Development Institute, vol. 31, pages 57-73, November.
    12. Baltuttis, Dennik & Töppel, Jannick & Tränkler, Timm & Wiethe, Christian, 2020. "Managing the risks of energy efficiency insurances in a portfolio context: An actuarial diversification approach," International Review of Financial Analysis, Elsevier, vol. 68(C).
    13. J. Stripple, 1998. "Securitizing the Risks of Climate Change. Institutional Innovations in the Insurance of Catastrophic Risks," Working Papers ir98098, International Institute for Applied Systems Analysis.
    14. Whitmore, Adam, 2000. "Compulsory environmental liability insurance as a means of dealing with climate change risk," Energy Policy, Elsevier, vol. 28(11), pages 739-741, September.

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