Centro de Documentacion de Fundación MAPFRE - Insurability of climate risks

Notes: The first idea the authors discuss in this paper is about insurance markets and climate risks, insurance exists only if risk can be transferred, not only to reinsurance companies but also to capital markets (through securitization or catastrophes options). The second one is that climate is changing, and therefore, not only prices and capital required should be important, but also uncertainty can be very large. It is extremely difficult to insure in a changing environmentRelated records: En: The Geneva Papers on risk and Insurance : issues and practice. - Trieste, Geneva : The Geneva Association. - Vol. 33, nº 1, January 2008 ; p. 91-109Materia / lugar / evento: Cambio climático Mercado de seguros Catástrofes naturales Seguro de riesgos extraordinarios Transferencia Alternativa de Riesgos Reaseguro Riesgos extraordinarios Other categories: 328.1