CHAPTER 7: CLIMATE CHANGES AND INSURANCE

Abstract

Climate change challenges insurance, confronting it with uncertainty: risks evolves over time in frequency and intensity, leaving us incapable of measuring the extent of these changes. The following contribution first addresses the way insurance takes into account climate change, from an actuarial and a political point of view. Indeed the principles and the normativity of insurance are solicited. It will then consider the different types of insurance cover, from the most classic, the sustainability of which is threatened by climate change, to the most innovative, which have more to do with finance than insurance