𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Insurance as an alternative environmental regulator: findings from a retrospective pollution claims survey

✍ Scribed by Dr D. M. Minoli; J. N. B. Bell


Book ID
101765101
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
100 KB
Volume
12
Category
Article
ISSN
0964-4733

No coin nor oath required. For personal study only.

✦ Synopsis


Abstract

Little inquiry has occurred on insurance as an alternative environmental regulator, despite a growing interest in the subject. This paper presents the findings from a survey and questionnaire on two leading UK insurance companies' pollution claims. Insurers' initial underwriting assessments and post‐loss investigations and insureds' environmental management practices are poorly developed regarding pollution issues. Insurance is currently a weak financial instrument to prevent pollution losses. Copyright © 2003 John Wiley & Sons, Ltd. and ERP Environment