IDEAS home Printed from https://ideas.repec.org/a/pal/gpprii/v33y2008i1d10.1057_palgrave.gpp.2510153.html
   My bibliography  Save this article

The Role of Insurers in Promoting Adaptation to the Impacts of Climate Change

Author

Listed:
  • Robert E T Ward

    (Risk Management Solutions, Peninsular House)

  • Celine Herweijer

    (Risk Management Solutions, Peninsular House)

  • Nicola Patmore

    (Risk Management Solutions, Peninsular House)

  • Robert Muir-Wood

    (Risk Management Solutions, Peninsular House)

Abstract

Scientific evidence is accumulating that climate change is having an impact on the frequency, intensity and geographical distribution of extreme weather events. With these trends likely to continue for the foreseeable future, the insurance industry can help society to adapt, by limiting and managing risks associated with extreme weather, and thereby maintaining the insurability of potentially vulnerable and exposed populations. There are already examples of the insurance industry promoting efforts to mitigate the impacts of weather hazards, by disseminating information about reducing the vulnerability of properties, offering financial incentives to invest in mitigating the impacts of extreme weather, and by working in partnership with policy-makers to establish maximum thresholds of acceptable risk. However, these efforts need to be more widely promoted by insurers to make a significant contribution to society's adaptation to climate change.

Suggested Citation

  • Robert E T Ward & Celine Herweijer & Nicola Patmore & Robert Muir-Wood, 2008. "The Role of Insurers in Promoting Adaptation to the Impacts of Climate Change," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 33(1), pages 133-139, January.
    • Handle: RePEc:pal:gpprii:v:33:y:2008:i:1:d:10.1057_palgrave.gpp.2510153
    DOI: 10.1057/palgrave.gpp.2510153
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/palgrave.gpp.2510153
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/palgrave.gpp.2510153?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:33:y:2008:i:1:d:10.1057_palgrave.gpp.2510153. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.