Risk Prof is reporting on initiatives by particular insurers to address global warming. RiskProf : Global Warming Redux (Oct. 12, 2006).
To add to his developing list, a recent report from Ceres, "From Risk to Opportunity: How Insurers Can Proactively and Profitably Manage Climate Change," concentrates the role the insurance industry has played in developing responses to emerging risks. Just as they devised tools to deal with earthquakes, killer hurricanes and assure availability of insurance in hard-to-insure sectors, they have much to contribute to responding to global warming.
According the Ceres announcement of the release of the report, it "identifies 190 innovative products and services available or in the pipeline from dozens of insurance providers in 16 countries. Many provide win-win benefits, by reducing financial losses and greenhouse gas emissions. More than half of the activities come from U.S. companies, covering climate change solutions including energy efficiency, green building design, carbon emissions trading and sustainable driving practices." Ceres | Dozens of New Insurance Products Emerging to Tackle Climate Change and Rising Weather Losses (Sep. 7, 2006).
Posted by dougsimpson at October 15, 2006 04:59 PM