Sustainable insurance

2020 ◽  
pp. 78-98
Author(s):  
Agnieszka Majewska
Keyword(s):  
Sustainable Insurance

Sustainable Insurance Assessment: Towards an Integrative Model

2017 ◽  
Vol 43 (2) ◽  
pp. 275-299 ◽  
Author(s):  
Flávio G. Nogueira ◽  
André F. P. Lucena ◽  
Roberto Nogueira
Keyword(s):  
Integrative Model ◽  
Sustainable Insurance

scholarly journals 10.5937/jaes12-5884 = Review of vehicle telematics usage based insurance: Contribution to sustainable insurance strategy

2014 ◽  
Vol 12 (2) ◽  
pp. 165-169
Author(s):  
Aleksandar Nedic ◽  
Nemanja Nedic ◽  
Igor Stevanovic ◽  
Darko Stanojevic
Keyword(s):  
Sustainable Insurance ◽  
Insurance Contribution

Sustainable Insurance – Nachhaltiger Konsum am Beispiel von Versicherungsprodukten, -dienstleistungen und -beratung

2021 ◽  
pp. 917-935
Author(s):  
Tobias Popović ◽  
Jessica Reichard-Chahine ◽  
Marcus Reichenberg ◽  
Anna Schirpke ◽  
Ann-Cathrin Seeberger ◽  
...  
Keyword(s):  
Sustainable Insurance

The Role of the Insurance Industry to Promote Environmental Sustainability

2021 ◽  
Vol 12 (1) ◽  
pp. 20-20
Author(s):  
Soumya Sasidharan ◽  
Dr. V.K. Ranjith ◽  
Dr. Sunitha Prabhuram
Keyword(s):  
Sustainable Development ◽  
Environmental Sustainability ◽  
Insurance Industry ◽  
Business Environment ◽  
Vital Role ◽  
Green Products ◽  
Sustainable Business ◽  
Secondary Sources ◽  
Definition Of ◽  
Sustainable Insurance

In today's world concept sustainable development is the most important aspect of any organization. This paper aims to identify the contribution of the insurance industry and its role in promoting sustainability. The definition of "sustainable development means without compromising the need of the future the present need of the society must be fulfilled in a competitive business environment"(World Commission on environment and development,WCED,1987). Sustainable insurance is the new concept that emerges in the current state, that every country adopting now. The insurance industry plays a vital role in development of sustainable business through green products and services. This paper is focused on the secondary sources of data from research publications, websites, books, journals, and articles. Sustainable insurance is aimed primarily at developing innovative or green products and services, reducing risk, improving company efficiency, and supporting environmental, social, and financial sustainability. Sustainable insurance indicates to maintain a balance between the society and insurance industry without squandering the resources of nature for the growth and enhancement of the whole community. Keywords: Insurance, Sustainability, Green products and services, Sustainable insurance.

Insurer’s Role in Intensifying Environmental Sustainability And Social Development

2021 ◽  
Vol 6 (3) ◽  
pp. 126-133
Author(s):  
Soumya Sasidharan ◽  
V.K. Ranjith ◽  
Sunitha Prabhuram
Keyword(s):  
Social Development ◽  
Environmental Sustainability ◽  
Insurance Industry ◽  
Jel Classification ◽  
Green Products ◽  
Secondary Sources ◽  
Current State ◽  
New Business ◽  
Sustainable Insurance

Objective – Sustainable insurance is the new concept that emerges in the current state, that every country adopting now. The objective of the study is to identify the insurance industry's role and contribution to promoting environmental sustainability. To outline sustainable insurance and sustainable/green products and services. Methodology – This paper explores the contribution of the insurance industry and its role in promoting environmental sustainability and social development. This is a theoretical paper, focused on the secondary sources of data from research publications, websites, books, journals, and articles. To achieve the objectives, this study will critically review previous literature and assess contemporary views from different perspectives. Findings– Various insurers are frequently focusing on their progress, enhancing their share of the market, and maintaining better risks to achieve marketplace success. Insurers should always be on the lookout for new ways to set themselves apart from the competition. The implication for insurers is that their actions matter a lot when it comes to environmental issues and providing green insurance solutions can open new business opportunities for the industry. The answer may lie in marketing new products related to potential climate change and the corresponding sustainability/green insurance. Novelty – Sustainable insurance is aimed primarily at developing innovative or green products and services, reducing risk, improving company efficiency, and supporting environmental, social, and financial sustainability. There hasn't been a general overview of the role of insurers in enhancing environmental sustainability and social development done yet. Theoretically, our work aids policymakers and other stakeholders in better understanding the role of insurers in enhancing environmental sustainability and social development. Type of Paper: Review JEL Classification: G20, G22, G23. Keywords: Insurance, Sustainability, Green insurance, Green products and services, Sustainable Development.

The Importance of Environmental, Social, and Governance Risks to Surety Underwriters

2018 ◽  
Vol 12 (2) ◽  
Author(s):  
Matthew Shea ◽  
James W. Hutchin
Keyword(s):  
Exploratory Study ◽  
Insurance Industry ◽  
Infrastructure Projects ◽  
Global Survey ◽  
Sustainable Insurance

Abstract Launched in 2012, the Principles for Sustainable Insurance serve as a global framework for the insurance industry to address environmental, social, and governance risks and opportunities. This report presents the findings of an exploratory study looking at the influence of environmental, social, and governance (ESG) risks on surety underwriting. Our findings come from a global survey of the insurance industry that sought to understand whether and how insurance and reinsurance companies are integrating ESG risks into the surety underwriting of infrastructure projects.

Effective Structure of Reinsurance Function for Disaster Risk in the Asia-Oceania Region

2015 ◽  
Vol 0 (0) ◽  
Author(s):  
Nobuhiro Kato
Keyword(s):  
Financial Markets ◽  
Natural Disasters ◽  
Natural Disaster ◽  
Risk Control ◽  
Disaster Risk ◽  
Global Community ◽  
Integrated Framework ◽  
Regional Partnership ◽  
Financial Insurance ◽  
Sustainable Insurance

AbstractIn the Asia-Oceania region with its vulnerable infrastructure, people continue to suffer from natural disasters such as earthquakes, cyclones or floods. In order to construct resilient society, the risk control for prevention-reduction of disasters and the risk finance for restoration and revival is indispensable. This article shows the necessity of building reinsurance functions which enables the underwriting of natural disasters in this area and arrangements of its requirements and conditions. The improvement of infrastructure for natural disaster and the alleviating of poverty are the premises of these issues and have close relations with developing financial markets and diversifying financial-insurance measures. This article shines light on the integrated framework of these factors and the methodology. Ensuring resilience against natural disaster must be shared objectives among the countries in this region with low insurance diffusion and multifarious backgrounds of economy, society and culture. The regional partnership and the support of the global community should play an important role for ensuring resilience. Building the reinsurance function of natural disasters in this region follows the same path with the realization of “Principles for Sustainable Insurance”.

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