The Insurance Industry in a Climate of Change

For industries that operate and rely on risk, such as insurance, climate change is a dynamic issue that requires a multi-faceted business response. Insurance companies are not only changing their risk management approaches but also seeking opportunities associated with changes in weather. This study...

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Bibliographic Details
Main Author: Hanson, Philip B H
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/25352/
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author Hanson, Philip B H
author_facet Hanson, Philip B H
author_sort Hanson, Philip B H
building Nottingham Research Data Repository
collection Online Access
description For industries that operate and rely on risk, such as insurance, climate change is a dynamic issue that requires a multi-faceted business response. Insurance companies are not only changing their risk management approaches but also seeking opportunities associated with changes in weather. This study looks at the fundamental drivers and barriers of a proactive approach to climate change for the insurance industry with particular focus on the role of key stakeholders. In order to give the findings a greater contextual grounding the opportunities and costs as well as relative responses across the industry are examined. Key findings suggest societal norms play a significant role in driving insurers to take action while gaps in governance create a fundamental barrier.
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spelling nottingham-253522018-01-24T05:24:55Z https://eprints.nottingham.ac.uk/25352/ The Insurance Industry in a Climate of Change Hanson, Philip B H For industries that operate and rely on risk, such as insurance, climate change is a dynamic issue that requires a multi-faceted business response. Insurance companies are not only changing their risk management approaches but also seeking opportunities associated with changes in weather. This study looks at the fundamental drivers and barriers of a proactive approach to climate change for the insurance industry with particular focus on the role of key stakeholders. In order to give the findings a greater contextual grounding the opportunities and costs as well as relative responses across the industry are examined. Key findings suggest societal norms play a significant role in driving insurers to take action while gaps in governance create a fundamental barrier. 2011-12 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25352/1/DISSERTATION___CLIMATE_IN_CHANGE.pdf Hanson, Philip B H (2011) The Insurance Industry in a Climate of Change. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Hanson, Philip B H
The Insurance Industry in a Climate of Change
title The Insurance Industry in a Climate of Change
title_full The Insurance Industry in a Climate of Change
title_fullStr The Insurance Industry in a Climate of Change
title_full_unstemmed The Insurance Industry in a Climate of Change
title_short The Insurance Industry in a Climate of Change
title_sort insurance industry in a climate of change
url https://eprints.nottingham.ac.uk/25352/