{"title":"Insurance and climate change","authors":"Aparna Gupta , Sreekanth Venkataraman","doi":"10.1016/j.cosust.2023.101412","DOIUrl":null,"url":null,"abstract":"<div><p>Climate change challenges are formidable, and especially so for the insurance sector for the economy-wide risk management role it plays. Extreme events, depicted by acute climate risk, and steady deterioration in climate elements, captured as chronic climate risk, pose specific challenges to different segments of the insurance sector. We review these challenges and mitigation, adaptation, and innovation responses being developed, as well as highlight the need for future research and advances to support a resilient global insurance sector.</p></div>","PeriodicalId":294,"journal":{"name":"Current Opinion in Environmental Sustainability","volume":"67 ","pages":"Article 101412"},"PeriodicalIF":6.6000,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Current Opinion in Environmental Sustainability","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1877343523001598","RegionNum":2,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
Climate change challenges are formidable, and especially so for the insurance sector for the economy-wide risk management role it plays. Extreme events, depicted by acute climate risk, and steady deterioration in climate elements, captured as chronic climate risk, pose specific challenges to different segments of the insurance sector. We review these challenges and mitigation, adaptation, and innovation responses being developed, as well as highlight the need for future research and advances to support a resilient global insurance sector.
期刊介绍:
"Current Opinion in Environmental Sustainability (COSUST)" is a distinguished journal within Elsevier's esteemed scientific publishing portfolio, known for its dedication to high-quality, reproducible research. Launched in 2010, COSUST is a part of the Current Opinion and Research (CO+RE) suite, which is recognized for its editorial excellence and global impact. The journal specializes in peer-reviewed, concise, and timely short reviews that provide a synthesis of recent literature, emerging topics, innovations, and perspectives in the field of environmental sustainability.