Insurers could help address climate risks

Journal Article

2011

Permanent link to this Item
http://hdl.handle.net/11427/15372
 http://dx.doi.org/10.1038/476033b
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Nel_Insurers_could_help_address_climate_risks_2011.pdf (186.28 KB)
Authors
Nel, Deon
Shearing, Clifford
Reyers, Belinda
Journal Title

Nature

Link to Journal
http://www.nature.com/nature/index.html
Journal ISSN
Volume Title
Publisher

Nature Publishing Group

Publisher

University of Cape Town

Department
Global Risk Governance Programme
Faculty
Faculty of Law
License
Series
Abstract
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).
Description
Keywords
Business
Climate science
Ecology
Community and Society

Reference:

Nel, D. C., Shearing, C., & Reyers, B. (2011). Insurers could help address climate risks. Nature, 476(7358), 33-33.

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