TY - BOOK ID - 21945114 TI - Environmental Risks and Insurance : A Comparative Analysis of the Role of Insurance in the Management of Environment-Related Risks AU - Organisation for Economic Co-operation and Development. AU - Organisation for Economic Co operation and Development AU - Organisation for Economic Co-operation and Development PY - 2003 SN - 1280170522 9786610170524 9264105522 9789264105522 9264105506 PB - Paris : OECD Publishing, DB - UniCat KW - Insurance, Pollution liability. KW - Investments -- Environmental aspects. KW - Investments. KW - Liability for environmental damages. KW - Liability for environmental damages KW - Pollution liability insurance KW - Law, Politics & Government KW - Law, General & Comparative KW - Environmental impairment liability insurance KW - Environmental liability insurance KW - Insurance, Pollution liability KW - Liability insurance, Pollution KW - Environmental damages, Liability for KW - Insurance KW - Environmental law KW - Liability (Law) KW - Torts KW - Investing KW - Investment management KW - Portfolio KW - Finance KW - Disinvestment KW - Loans KW - Saving and investment KW - Speculation UR - https://www.unicat.be/uniCat?func=search&query=sysid:21945114 AB - From the increasing incidence of environmental pollution and soil contamination, to recurring natural disasters, the risks posed by the constant interaction between human activities and the environment are diverse, manifold and often catastrophic in their consequences. Therefore, the elaboration of effective risk-management plans, aimed at formulating viable response strategies, requires the contribution of all the economic actors involved: private parties, financial institutions, governments and international organizations. This report focuses on the role of insurance and reinsurance companies in the management of environmental risks - environmental pollution risk and natural catastrophe risk in particular. It discusses the issue of insurability of such risks, analyses the increasing risk of liability for environmental pollution and the underlying trends in the development of environmental liability regimes in OECD countries. It also presents an overview of the various environmental pollution insurance products and techniques developed in response to legal and factual evolutions. In addition, it describes the special features of natural catastrophe risks, the role of traditional insurance markets in the coverage of such perils, and alternative options of coverage, from governmental disaster schemes to new financial market instruments. ER -