THE IMPORTANCE OF KNOWING HEALTH CONSEQUENCES OF CLIMATE CHANGES FOR THE INSURANCE BUSINESS
Abstract
Global warming is occurring and is largely the result of greenhouse gas emissions from human activity. As a consequence of climate change, there are more frequently catastrophic events of a large–scale such as floods, fires, tsunamis, hurricanes, which endanger the human health largely, economy and society as a whole. Several issues relating to insurance and the damage costs of climate change are discussed. The greatest risks, which the insurance business is confronted with, are exactly those which occur as a result of potential climate change and which will have the largest effects on the insurers. The knowledge of the health consequences of climate change is of great importance for the insurance.
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