TITLE

CLIMATE CHANGE, INSURABILITY OF LARGE- SCALE DISASTERS, AND THE EMERGING LIABILITY CHALLENGE

AUTHOR(S)
Kunreuther, Howard C.; Michel-Kerjant, Erwann O.
PUB. DATE
June 2007
SOURCE
University of Pennsylvania Law Review;Jun2007, Vol. 155 Issue 6, p1795
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the role that the insurance sector plays in reducing the impacts of global warming and the challenges insurers and reinsurers face in dealing with the impact of climate change on their risk management strategies. The authors explore the evolution of insured losses due to weather-related disasters. They examine the issue of attribution by analyzing the main factors of catastrophic losses. Furthermore, they explore insurability by focusing on natural disaster coverage.
ACCESSION #
26234712

 

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