All pages with keywords: insurance

Insurers disclosing climate risk need to remember their customers

a commentary by Swenja Surminski, Sam Unsworth 2 August, 2019

Extending climate risk disclosure to customers could yield a range of benefits for insurers, customers and the climate, but the industry will need to deepen the relationships that it holds with customers in order to achieve this, write Swenja Surminski and Sam Unsworth in this post for the Sustainable Finance Leadership series. read more »


Pricing ambiguity in catastrophe risk insurance

Pricing ambiguity in catastrophe risk insurance

a working paper by Simon Dietz, Falk Niehörster 23 May, 2019

The authors of this paper apply a newly developed insurance pricing model to two catastrophe model data sets relating to hurricane risk in two locations in the Atlantic basin, estimating ambiguity loads – the extra insurance premium due to ambiguity – and showing how these depend on the insurer’s attitude to ambiguity. read more »


Insurance and climate risk: the critical role of regulators

Commentary 14 November, 2018

By Dave Jones, California Insurance Commissioner (January 2011–January 2019) Insurance regulators have a critical role to play in making sure insurance companies are addressing the risks associated with climate change. … read more »


Where next for sustainable insurance? Five priorities for the next decade

Where next for sustainable insurance? Five priorities for the next decade

a commentary by Swenja Surminski, Nick Robins, William Irwin 5 November, 2018

This commentary reviews how both the insurance sector and its partners could build on the growing momentum and overcome the continuing barriers to deep implementation of sustainable insurance practices over the coming decade. read more »


Strengthening insurance partnerships in the face of climate change – Insights from an agent-based model of flood insurance in the UK

Strengthening insurance partnerships in the face of climate change – Insights from an agent-based model of flood insurance in the UK

a research article by Florence Crick, Katie Jenkins, Swenja Surminski 26 April, 2018

This paper investigates how partnerships can incentivise flood risk reduction by focusing on the UK public-private partnership on flood insurance. read more »


Micro, small and medium size enterprises, climate change risks and insurance: reflections on the use of insurance for climate adaptation

Micro, small and medium size enterprises, climate change risks and insurance: reflections on the use of insurance for climate adaptation

a policy publication by Swenja Surminski, Joel Hankinson 19 April, 2018

Surminski, S. and Hankinson, J. In: Schaer, C., Kuruppu, N. (eds) (2018) Private-sector action in adaptation: Perspectives on the role of micro, small and medium size enterprises. UNEP DTU Partnership, Copenhagen. External link … read more »


Using the adaptive cycle in climate-risk insurance to design resilient futures

Using the adaptive cycle in climate-risk insurance to design resilient futures

a research article by Swenja Surminski 2 January, 2018

Assessing the dynamics of resilience could help insurers and governments reduce the costs of climate-risk insurance schemes and secure future insurability in the face of an increase in extreme hydro-meteorological … read more »


Ambiguity and Insurance: Capital Requirements and Premiums

Ambiguity and Insurance: Capital Requirements and Premiums

a research article by Simon Dietz, Oliver Walker 9 May, 2017

Many insurance contracts are contingent on events such as hurricanes, terrorist attacks, or political upheavals, whose probabilities are ambiguous. This article offers a theory to underpin the large body … read more »


Insurance design in the presence of safety nets

Insurance design in the presence of safety nets

a research article by Tse-Ling Teh 28 March, 2017

Safety net assistance and insurance exist to manage risk and improve welfare. This shared goal may lead to crowding out. In a new approach, this paper analyzes the interaction … read more »


Investigating the risk reduction potential of disaster insurance across Europe

Investigating the risk reduction potential of disaster insurance across Europe

a research article by Swenja Surminski 2 December, 2016

Surminski, Swenja (2016) Investigating the risk reduction potential of disaster insurance across Europe. The Geneva Papers on Risk and Insurance Issues and Practice . ISSN 1018-5895