Download or read book Managing Environmental Risk Through Insurance written by Paul K. Freeman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can insurance be used as a means to obtain compliance with environmental policy? Answering this question requires examination of a broad mosaic of academic issues, including current systems available for providing compensation and deterrence, use of contracts (including insurance) as substitutes for tort law, limitations of regulatory policy-making by government agencies, pre-conditions for creation of insurance products, and market mechanisms necessary for insurance to be purchased or sold. The purpose of Managing Environmental Risk Through Insurance is to highlight the potential role that insurance and performance standards can play in managing environmental risk. Insurance can play a significant role in dealing with one of the most problematic issues facing society today - how to compensate for environmental exposures. This book analyzes the ability of insurance to play a role in managing environmental risk. It begins by outlining the role insurance plays in society in contrast to other societal tools for addressing risk: government benefit programs and imposition of involuntary liability using the court system. By so doing, the book describes the comparative advantages of insurance. The book then analyzes the insurability of the risks. Finally, the book applies the insurability analysis to three concrete environmental examples.
Download or read book Managing Environmental Risks through Insurance written by Katarzyna Malinowska and published by Springer Nature. This book was released on with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Environmental Risks through Insurance written by Katarzyna Malinowska and published by Springer. This book was released on 2024-02-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies the role of insurance in a comprehensive system for managing environmental risks at the local, regional and global level. National and international legal instruments regulating environmental protection, especially aspects like pollution, are not precisely reflected in insurance concepts intended to cover environmental risks. As such, there is a need to identify environmental risks and to propose a taxonomy of environmental risks for various types of insurance coverage. The authors refer to the issues of liability in environmental protection, the scope of insurance coverage and comment on specific issues the importance of which has been noticed by the legislator or insurance practice. The book examines these issues horizontally and vertically from various standpoints, focusing on insurance as a means of managing environmental risks. In this regard, it mainly concentrates on (1) identifying and analyzing environmental risks and methods for managing them via private and public instruments, and (2) insuring these risks. The book is intended for all those interested in the field of insurance and environmental risk regimes, including lawyers, academics and legal professionals.
Download or read book Policy Issues in Insurance Environmental Risks and Insurance A Comparative Analysis of the Role of Insurance in the Management of Environment Related Risks written by OECD and published by OECD Publishing. This book was released on 2003-10-31 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on the role of insurance and reinsurance companies in the management of environmental risks - environmental pollution risk and natural catastrophe risk in particular.
Download or read book Environmental Risk Management written by Paul Pritchard and published by Routledge. This book was released on 2014-10-14 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely publication considers recent developments in environmental risk management as they relate to commercial organizations, including risk transfer through insurance. It starts by looking at characterization of risks based on the hazard-pathway-receptor principles, emphasizing the importance of site specific factors. Environmental risks are increasingly considered as a part of strategic control assessment. Checklists and case studies are presented to assist in review and assessment of environmental risks. Further guidance is offered for decision making under uncertainty, showing the potential of tools such as Monte Carlo analysis and fuzzy logic, and leading to a review of risk assessment and management frameworks. Environmental Risk Management is an accessible and valuable reference to those from a range of backgrounds - including occupational hygiene, safety, quality personnel and operational managers - who are dealing with environmental issues within their organization.
Download or read book Environmental Risk and Insurance written by Chester A. Zagaski and published by CRC Press. This book was released on 1991-10-22 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the only comprehensive text on the increasingly important subject of environmental risk and insurance. The author presents many risk and insurance issues from acid rain and global warming to toxic tort law developments and the crisis with workers' compensation insurance and pollution liability coverage. This volume is the product of nearly eight years of research, which included reviewing over 250,000 pages of laws, documents, reports, and notes, as well as countless hours of investigations, interviews, and research. Basic and advanced environmental liability and insurance principles are covered, along with suggestions for financing pollution cleanups and safety programs. A new method for restructuring and improving Superfund is presented after an in-depth discussion of pertinent legal and financial issues. The book also provides local, national, and international case histories demonstrating the kinds of difficulties encountered by businesses and citizens and the solutions they have sought. All of this information, combined with the valuable charts, appendices, specimens, contracts, sample insurance policies, model letters, and certificates, makes Environmental Risk and Insurance an unmatched reference source for businesses, institutions, and government agencies caught up in the midst of analyzing their environmental risk exposures.
Download or read book Insurance and Risk Management for Disruptions in Social Economic and Environmental Systems written by Simon Grima and published by Emerald Group Publishing. This book was released on 2022-01-24 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability.
Download or read book Environmental Finance written by Rodney R. White and published by John Wiley & Sons. This book was released on 2003-04-07 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging and comprehensive look at the intersection of financial innovation and the environment This unique book provides readers with a comprehensive look at the new markets being created to help companies manage environmental risks, including weather derivatives, catastrophe bonds, and emission trading permits. Filled with real-world case studies and timely advice, Environmental Finance contains corporate strategies that financial service professionals as well as their clients must understand in order to proactively improve a company's environmental performance.
Download or read book Insurance and Risk Management for Disruptions in Social Economic and Environmental Systems written by Simon Grima and published by Emerald Group Publishing. This book was released on 2022-01-24 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability.
Download or read book Managing Environmental Risk written by Jennifer L. Machlin and published by C. Boardman. This book was released on 1988 with total page 1706 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed to assist any party concerned with minimizing or avoiding environmental liability, this looseleaf treatise provides the major federal satutues that impose liability for cleanup of hazardous waste and substances, and discussion of avoiding liability when purchasing property, requesting soil and/or groundwater tests before purchase, and many other topics.
Download or read book Managing Extreme Climate Change Risks through Insurance written by W. J. Wouter Botzen and published by Cambridge University Press. This book was released on 2013-03-28 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Assessing the Enabling Environment for Disaster Risk Financing written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-06-01 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disasters damage and destroy infrastructure and disrupt economic activities and services, potentially delaying long-term development and hampering efforts to reduce poverty in the region. Countries require a strong enabling environment for disaster risk financing to ensure the timely availability of post-disaster funding. This report presents a comprehensive diagnostics tool kit that countries can apply to assess the financial management of disaster risk. The framework examines the state of the enabling environment and provides a basis to enhance financial resilience with insurance and other risk transfer instruments. It incorporates lessons from the country diagnostics assessments for Fiji, Nepal, Pakistan, and Sri Lanka that made use of the tool kit and methodology.
Download or read book Chemical Catastrophes written by Martin T. Katzman and published by McGraw-Hill/Irwin. This book was released on 1985 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Environmental Liability Insurance written by Nicholas Lockett and published by Cameron May, Limited. This book was released on 1996-01 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental liability issues will dominate the insurance market as we move into the next century. As the problem of historic pollution moves into the forefront of public consciousness, the insurance industry will increasingly be targeted as the main contributor to clean-up costs and there are enormous liabilities stored up under old policies which underwriters and insurers will seek to avoid. Inevitably insurance cover under current policies will be restricted and new policies will emerge. This book looks at the old policies and their attached liabilities and at the new risk-transfer mechanisms available. It provides: a comprehensive analysis of the issues which the insurance industry had to address and those which it will have to address in the future; the legal stumbling blocks which plague the field of environmental insurance, such as triggerage issues, exclusion clauses, historic liability, policy limitations, criminal liability and defence costs, issues affecting underwriters, and at how companies should protect their insurance positions; how old insurance policies can be made to cover historic pollution liability and how to best manage existing environmental risk and the steps that companies should be taking now. This book is essential reading for all barristers, solicitors, insurers, reinsurers, local authorities, lawyers and planners, company directors, in-house offices, lawyers, developers and environmental consultants concerned with environmental liability.
Download or read book Environmental Risk Management written by Paul Pritchard and published by Routledge. This book was released on 2017-02-24 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely publication considers recent developments in environmental risk management as they relate to commercial organizations, including risk transfer through insurance. It starts by looking at characterization of risks based on the hazard-pathway-receptor principles, emphasizing the importance of site specific factors. Environmental risks are increasingly considered as a part of strategic control assessment. Checklists and case studies are presented to assist in review and assessment of environmental risks. Further guidance is offered for decision making under uncertainty, showing the potential of tools such as Monte Carlo analysis and fuzzy logic, and leading to a review of risk assessment and management frameworks. Environmental Risk Management is an accessible and valuable reference to those from a range of backgrounds - including occupational hygiene, safety, quality personnel and operational managers - who are dealing with environmental issues within their organization.
Download or read book Managing Climate Risk in the U S Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Download or read book Corporate Survival written by Dan R. Anderson and published by . This book was released on 2005 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Survival: The Critical Importance of Sustainability Risk Management thoroughly examines the rising sustainability risks that affect thriving businesses, the environment, various societies, people in foreign lands, and our children. Author Dan Anderson, a professor of risk management and insurance, has been observing sustainability risk management issues for his entire career. In Corporate Survival he presents guidelines for various professionals in the risk management and insurance industries. In his view, corporations need to establish sound sustainability risk management systems in order to survive potentially major financial and professional damages. These damages can arise from liability suits, customer boycotts, shareholder actions, new regulations, and international pressures. Anderson provides well-timed direction for establishing risk management systems, as well as numerous examples of how companies successfully employ sustainability risk management strategies. He also demonstrates the advantages of following his advice for corporate survival, including reducing sustainability risk costs, improving competitive advantage, attracting both reliable customers and productive employees, augmenting the firm's reputation and community image, and increasing profits. Corporate Survival will help all corporations and those in the fields of risk management and insurance improve business systems while enhancing environmental quality and social justice conditions.
