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Managing Environmental Risk Through Insurance

Author

Listed:
  • Paul K. Freeman

Abstract

“Managing Environmental Risk Through Insurance†analyzes the role of insurance in managing environmental risk.

Suggested Citation

  • Paul K. Freeman, 1997. "Managing Environmental Risk Through Insurance," Books, American Enterprise Institute, number 918175, September.
    • Handle: RePEc:aei:rpbook:918175
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    File URL: http://www.aei.org/publication/managing-environmental-risk-through-insurance
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Ilaria Colivicchi & Gianluca Iannucci, 2023. "The Environmental Responsibility of Firms and Insurance Coverage in an Evolutionary Game," Dynamic Games and Applications, Springer, vol. 13(3), pages 801-818, September.
    2. Shirin Elahi, 2001. "Book Reviews," Climate Policy, Taylor & Francis Journals, vol. 1(3), pages 421-423, September.
    3. Haitao Yin & Howard Kunreuther & Matthew W. White, 2011. "Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?," Journal of Law and Economics, University of Chicago Press, vol. 54(2), pages 325-363.
    4. Shiyi Chen & Xiaoxiao Ding & Pingyi Lou & Hong Song, 2022. "New evidence of moral hazard: Environmental liability insurance and firms' environmental performance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 89(3), pages 581-613, September.
    5. Howard Kunreuther, 2001. "The Role of Insurance in Managing Extreme Events: Implications for Terrorism Coverage," Center for Financial Institutions Working Papers 02-07, Wharton School Center for Financial Institutions, University of Pennsylvania.
    6. Skees, Jerry & Varangis, Panos & Larson, Donald & Siegel, Paul, 2002. "Can financial markets be tapped to help poor people cope with weather risks ?," Policy Research Working Paper Series 2812, The World Bank.
    7. Haitao Yin & Alex Pfaff & Howard Kunreuther, 2011. "Can Environmental Insurance Succeed Where Other Strategies Fail? The Case of Underground Storage Tanks," Risk Analysis, John Wiley & Sons, vol. 31(1), pages 12-24, January.
    8. Vicki M. Bier & Shi‐Woei Lin, 2013. "Should the Model for Risk‐Informed Regulation be Game Theory Rather than Decision Theory?," Risk Analysis, John Wiley & Sons, vol. 33(2), pages 281-291, February.
    9. Howard Kunreuther, 2006. "Reflections on U.S. Disaster Insurance Policy for the 21st Century," NBER Working Papers 12449, National Bureau of Economic Research, Inc.
    10. Haitao Yin & Howard Kunreuther & Matthew White, 2009. "Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?," NBER Working Papers 15100, National Bureau of Economic Research, Inc.
    11. Henk Zandvoort, 2011. "Evaluation of Legal Liability for Technological Risks in View of Requirements for Peaceful Coexistence and Progress," Risk Analysis, John Wiley & Sons, vol. 31(6), pages 969-983, June.
    12. Hutter, Bridget M., 2006. "The role of non-state actors in regulation," LSE Research Online Documents on Economics 36118, London School of Economics and Political Science, LSE Library.
    13. Goodwin, Barry K. & Hallstrom, Daniel G., 2004. "Modeling Catastrophic Weather Events And The Risks Of Animal Waste Spills In The Coastal Plain Of North Carolina," 2004 Annual meeting, August 1-4, Denver, CO 20241, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. J. Stripple, 1998. "Securitizing the Risks of Climate Change. Institutional Innovations in the Insurance of Catastrophic Risks," Working Papers ir98098, International Institute for Applied Systems Analysis.
    15. Lyu, Chaofeng & Xie, Zhe & Li, Zhi, 2022. "Market supervision, innovation offsets and energy efficiency: Evidence from environmental pollution liability insurance in China," Energy Policy, Elsevier, vol. 171(C).
    16. Nowak, Piotr & Romaniuk, Maciej, 2013. "Pricing and simulations of catastrophe bonds," Insurance: Mathematics and Economics, Elsevier, vol. 52(1), pages 18-28.
    17. Freeman, Paul & Martin, Leslie A. & Linnerooth-Bayer, Joanne & Warner, Koko & Lavell, Allan M. & Cardona, Omar D. & Kunreuther, Howard, 2001. "National Systems and Institutional Mechanisms for the Comprehensive Management of Disaster Risk: Phase 1," IDB Publications (Working Papers) 2813, Inter-American Development Bank.
    18. Marcel Boyer & Donatella Porrini, 2008. "The Efficient Liability Sharing Factor For Environmental Disasters: Lessons For Optimal Insurance Regulation," CIRANO Working Papers 2008s-03, CIRANO.
    19. Haitao Yin, 2013. "Insurance Approach for Financing Extreme Climate Event Losses in China: A Status Analysis," EEPSEA Research Report rr2013035, Economy and Environment Program for Southeast Asia (EEPSEA), revised Mar 2013.
    20. Paul Freeman & Leslie A. Martin & Joanne Linnerooth-Bayer & Koko Warner & Allan M. Lavell & Omar D. Cardona & Howard Kunreuther, 2001. "National Systems and Institutional Mechanisms for the Comprehensive Management of Disaster Risk: Phase 1," IDB Publications (Working Papers) 23798, Inter-American Development Bank.
    21. Skees, Jerry R. & Black, J. Roy & Gramig, Benjamin M., 2003. "CONSIDERING MARKET-BASED ALTERNATIVES TO IMPROVE THE MANAGEMENT OF CAFOs," 2003 Annual meeting, July 27-30, Montreal, Canada 22248, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    22. Howard Kunreuther, 2002. "The Role of Insurance in Managing Extreme Events: Implications for Terrorism Coverage," Risk Analysis, John Wiley & Sons, vol. 22(3), pages 427-437, June.
    23. Yang, Yi & Lan, Qianzi & Liu, Peijuan & Ma, Lei, 2017. "Insurance as a market mechanism in managing regional environmental and safety risks," Resources, Conservation & Recycling, Elsevier, vol. 124(C), pages 62-66.
    24. Christoph M. Rheinberger & Nicolas Treich, 2017. "Attitudes Toward Catastrophe," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 609-636, July.
    25. Geoffrey Heal & Howard Kunreuther, 2010. "Environment and Energy: Catastrophic Liabilities from Nuclear Power Plants," NBER Chapters, in: Measuring and Managing Federal Financial Risk, pages 235-257, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    health insurance; Environment; Regulation; environmental policy; risk; AEI Press;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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