Insurability of climate risks

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      <subfield code="a">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 environment</subfield>
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      <subfield code="g">Vol. 33, nº 1, January 2008 ; p. 91-109</subfield>
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