Insurers could help address climate risks
Link to Journal
Nature Publishing Group
University of Cape Town
Working with South Africa's largest short-term insurer, Santam, we investigated how communities should manage the increased risks associated with climate change. The global insurance industry has focused on refining the quantification, differentiation and pricing of the risk exposure of insured assets. Our findings call into question a sole reliance on this strategy (J. Nel et al. CSIR/NRE/ECOS/2011/0063/B; CSIR, 2011).
Nel, D. C., Shearing, C., & Reyers, B. (2011). Insurers could help address climate risks. Nature, 476(7358), 33-33.