Insurance

The insurance industry around the world is alarmed by their potential exposure to environmental catastrophies, such as the ones that might be created by global warming.

The UNEP Financial Services Initiative on the Environment has a specific component for the insurance industry, including a "Statement of Environmental Commitment by the Insurance Industry" that many companies have signed.  This is an important first stop for information.

For discussion by leading thinkers about insurance and risk of all kinds, including the environment, try the RiskWeb site.

There are many companies now specializing in insurance against environmental risks, as a quick web search will show you.  A company that follows new business opportunities of this kind will also learn how to protect its non-environmental areas of business from environmental risk.

02/25/06