Assessing U.S. insurance firms' climate change impact and responseThe Geneva Papers on Risk and Insurance - Issues and Practice - - Trang 1-34 - 2023
Aparna Gupta, Abena Owusu, Jue Wang
Climate change poses a serious risk for insurance firms, threatening their sustainability from numerous channels of impact. Assessing this impact, however, is not straightforward. We assess and distinguish between insurance firms by impact and response to climate change and relate the firms’ financial characteristics to climate risk exposure. A text mining approach using climate change sub-diction...... hiện toàn bộ
The Economic System as Catalyst for Evolving Liability RegimesThe Geneva Papers on Risk and Insurance - Issues and Practice - Tập 30 - Trang 343-351 - 2005
Patrick M Liedtke
The article makes a case for the evolving system of liability regimes being driven by fundamental changes in our socio-economic fabric. The evolution of increasing liability costs, especially prominent in the U.S., can easily spread to other countries as the same preconditions are found there and systemic contagion takes place. This will pose important challenges to the insurance industry, which w...... hiện toàn bộ