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Climate change and the insurance sector

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<dc:creator>Dlugolecki, Andrew F.</dc:creator>
<dc:date>2008-01-01</dc:date>
<dc:description xml:lang="es">Climate change matters to the insurance sector. In terms of underwriting, on one scenario, the economic cost of weather losses could reach over 1 trillion USD in a single year by 2040. The impacts will be worse in developing countries. The private sector needs to work with the public sector, as part of a "triple dividend" approach that coordinates adaptation, disaster management and sustainable economic development. For asset management the indirect impacts are key. Greenhouse gas emissions have to drop by 60 per cent by 2050, which means transforming the energy economy. Finance for renewables will reach 100 billion USD a year soon. Political uncertainty is a serious blockage to market forces, and the re-evaluation of assets and project returns is happening too slowly. Finally, insurers have a duty as ubiquitous players in the economy and society to help to shape climate policies in a responsible and effective way</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/61187.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Cambio climático</dc:subject>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Catástrofes naturales</dc:subject>
<dc:subject xml:lang="es">Seguro de riesgos extraordinarios</dc:subject>
<dc:subject xml:lang="es">Financiación de los riesgos</dc:subject>
<dc:subject xml:lang="es">Política medioambiental</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Climate change and the insurance sector</dc:title>
<dc:relation xml:lang="es">En: The Geneva Papers on risk and Insurance : issues and practice. - Trieste, Geneva : The Geneva Association. - Vol. 33, nº 1, January 2008 ; p. 71-90</dc:relation>
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