Climate Change and the Global Insurance Industry: Impacts and Problems in Latin America

Filomeno Mira Candel ()
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Filomeno Mira Candel: MAPFRE Mutualidad, Crta de Pozuelo a Majadahonda no. 52, Majadahonda, Madrid 28220, Spain.

The Geneva Papers on Risk and Insurance - Issues and Practice, 2007, vol. 32, issue 1, pages 29-34

Abstract: Latin America is particularly susceptible to the consequences of climate change and has low insurance penetration. Urgent solutions are needed to establish a better socioeconomic framework to cope with ordinary and extraordinary losses following climate-related events. Developed countries have a role to play in mitigating these losses by sharing with developing countries their long experience in scientific research and more advanced weather and climate monitoring and forecasting. The Geneva Papers (2007) 32, 29–34. doi:10.1057/palgrave.gpp.2510120

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