Open Access. Powered by Scholars. Published by Universities.®

Insurance Commons™

Open Access. Powered by Scholars. Published by Universities.®

Oceanography and Atmospheric Sciences and Meteorology

Articles 1 - 6 of 6

Full-Text Articles in Insurance

Climate Change Preparedness In The Insurance Sector, Daniel Fischler May 2021

Climate Change Preparedness In The Insurance Sector, Daniel Fischler

Honors Scholar Theses

Climate change is the inevitable consequence of human activity since the industrial revolution began centuries ago. Assuming humanity survives and adapts to this scenario, there will be significant impacts on the economy and business. Under these circumstances, the insurance sector in particular will face challenges as the frequency and severity of losses increase due to climate change related events. This paper aims to analyze various options for allowing insurance to maintain viability in this changing environment. The general issue for the future is premiums must be commensurate with climate change related risk in affected areas. As a result, certain coastal …

Go to article

Virginia Homeowners Handbook: Helping Homeowners Prepare For Hurricanes And Other Natural Hazards, Jon Cawley Sep 2017

Virginia Homeowners Handbook: Helping Homeowners Prepare For Hurricanes And Other Natural Hazards, Jon Cawley

News Items

No abstract provided.

Go to article

An Appraisal Of The Actuaries’ Climate Risk Index, Stephen Lee Kolk May 2016

An Appraisal Of The Actuaries’ Climate Risk Index, Stephen Lee Kolk

May 18, 2016: The Economic Impacts of Sea-Level Rise in Hampton Roads

PDF of powerpoint presentation given at the workshop "The Economic Impacts of Sea-Level Rise in Hampton Roads: An Appraisal of the Projects Underway" on May 18, 2016 at the Virginia Modeling and Simulation Center, 1030 University Blvd, Suffolk, VA 23435

Go to article

Climate Change And Its Implications For The Insurance Industry, Adam Liska, Eric Holley Sep 2014

Climate Change And Its Implications For The Insurance Industry, Adam Liska, Eric Holley

Adam Liska Papers

Climate change will lead to a probable increase in the occurrence of weather-related disaster events. These events could lead to declining revenue in the insurance industry, the world’s largest economic sector, with revenue of $4.6 trillion per year, or 7% of the global economy (Mills, 2012). Climatic events have accounted for 72% of global insurance claims and insured losses from 1980 to 2012, totaling $0.97 trillion (Munich Re, 2013). Estimated losses are ~0.5% of global Gross Domestic Product (GDP) and losses are increasing at ~6% a year in real terms (Lomborg, 2010). The United Nations Framework Convention on Climate Change …

Go to article

Report On Collaboration Of Dr. Diane Horn With Dr. Michael Mcshane As Part Of The Climate Change And Sea Level Rise Initiative, Diane Horn, Michael K. Mcshane Jan 2013

Report On Collaboration Of Dr. Diane Horn With Dr. Michael Mcshane As Part Of The Climate Change And Sea Level Rise Initiative, Diane Horn, Michael K. Mcshane

CCSLRI Reports

No abstract provided.

Go to article

An Analysis Of The Academic Fleet Insurance Program, Emma Rose Dieter Aug 1988

An Analysis Of The Academic Fleet Insurance Program, Emma Rose Dieter

Theses and Major Papers

The academic research fleet is experiencing an increase in the cost of operations. Some members of the fleet are feeling a dramatic rise in operational costs in the area of marine insurance and a decrease in the availability of insurance. The academic fleet is referred to as the University-National Oceanographic Laboratory System (UNOLS) fleet. It is composed of 25 ships which are operated by 18 institutions. The vessels are owned outright or operated under a charter party agreement from the National Science Foundation (NSF) and the Office of Naval Research (ONR). The National Science Foundation and ONR are also the …

Go to article