Normative approach to risk management for insurers
Cameron J. Rye (),
Jessica A. Boyd and
Andrew Mitchell
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Cameron J. Rye: MS Amlin, The Leadenhall Building
Andrew Mitchell: MS Amlin, The Leadenhall Building
Nature Climate Change, 2021, vol. 11, issue 6, 460-463
Abstract:
Private insurance is a key component of strategies to manage physical climate change impacts, but existing scenarios used by insurers are not well suited to making business decisions. We call for a complementary normative approach, based on business objectives, that delivers actionable information to decision-makers.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:nat:natcli:v:11:y:2021:i:6:d:10.1038_s41558-021-01031-8
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DOI: 10.1038/s41558-021-01031-8
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