Insurance companies' responses to climate change : adaptation, dynamic capabilities and competitive advantage

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<dc:creator>Stechemesser, Kristin</dc:creator>
<dc:date>2015-10-05</dc:date>
<dc:description xml:lang="es">Sumario: Drawing on the dynamic capability view, we analyse how insurers adapt to climate change impacts and how adaptation relates to corporate financial performance. Based on a comprehensive literature review, we deduce seven categories of adaptation measures associated with three dynamic capability dimensions of climate change adaptation (i.e. climate knowledge absorption, climate-related operational flexibility and strategic climate integration). Using this framework, we conduct a content analysis of insurers' adaptation efforts as reported to the Carbon Disclosure Project. Regression analysis reveals positive relationships between climate knowledge absorption and return on assets (ROA), climate-related operational flexibility and ROA, and between the total number of adaptation measures and ROA</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/154120.do</dc:identifier>
<dc:language>spa</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Empresas de seguros</dc:subject>
<dc:subject xml:lang="es">Cambio climático</dc:subject>
<dc:subject xml:lang="es">Dinámica empresarial</dc:subject>
<dc:subject xml:lang="es">Desarrollo sostenible</dc:subject>
<dc:subject xml:lang="es">Protección del medio ambiente</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Insurance companies' responses to climate change : adaptation, dynamic capabilities and competitive advantage</dc:title>
<dc:relation xml:lang="es">En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 05/10/2015 Volumen 40 Número 4 - octubre 2015 , p. 557-584</dc:relation>
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