Managing extreme climate change risks through insurance

"In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribu...

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Bibliographic Details
Main Author: Botzen, W. J. Wouter.
Corporate Author: ProQuest (Firm)
Format: Electronic eBook
Language:English
Published: Cambridge : Cambridge University Press, 2013.
Subjects:
Online Access:Click to View
Description
Summary:"In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and insurers' responses to climate change. The author combines theory with evidence from the rich experiences of the Netherlands together with examples from around the world. 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. Written in plain language, this book will appeal to researchers and policy-makers alike"--
Physical Description:xx, 432 p. : ill.
Bibliography:Includes bibliographical references and index.
ISBN:9781107348370 (electronic bk.)