管理极端事件和气候风险的综合方法

The Geneva AssociationThe Geneva Association is the leading international insurance think tank for strategically important insurance and riskmanagement issues. The Geneva Association identifies fundamental trends and strategic issues where insurance plays asubstantial role or which influence the insurance sector.Through the development of research programmes, regular publicationsand the organisation of international meetings, The Geneva Association serves as a catalyst for progress in the understanding ofrisk and insurance matters and acts as an information creator and disseminator. It is the leading voice of the largest insurancegroups worldwide in thedialoguewith international institutions. In parallel, it advances—in economic and cultural terms—thedevelopment and application of risk management and the understanding of uncertainty in the modern economy.The Geneva Association membership comprises a statutory maximum of 90 chief executive officers (CEOs) from the world’stop insurance and reinsurance companies. It organises international expert networks and manages discussion platforms forsenior insurance executives and specialists as well as policymakers, regulators and multilateral organisations.Established in 1973, The Geneva Association, officially the ‘International Association for the Study of Insurance Economics’, isbased in Zurich, Switzerland and is a non-profit organisation funded by its members. An Integrated Approach toManaging Extreme Events andClimate RisksTowards a Concerted Public-Private ApproachWith recommendations to harness potential contributions of the insurance industryby Maryam Golnaraghi1, Swenja Surminski2, and Kai-Uwe Schanz31Director of Extreme Event and Climate Risks programme, The Geneva Association.2Senior Research Fellow, Grantham Research Institute on Climate Change and the Environment,London School of Economics and Political Science.3Special Advisor to The Geneva Association. An Integrated Approach to Managing Extreme Events and Climate Risks. Towards a Concerted Public-Private Approach.Published by The Geneva Association—‘International Association for the Study of Insurance Economics’, Zurich.The opinions expressed in The Geneva Association newsletters and publications are the responsibility of the authors. We thereforedisclaim all liability and responsibility arising from such materials by any third parties.Download the electronic versionfromwww.genevaassociation.org.Cover page—Damage to Mantoloking, New Jersey after Hurrican Sandy by a U.S. Air Force Airman or employee, in the public domain.The Geneva AssociationThe Geneva Association—‘International Association for the Study of Insurance Economics’Zurich | Talstrasse 70, CH-8001 ZurichEmail: secretariat@genevaassociation.org | Tel: +41 44 200 49 00 | Fax: +41 44 200 49 99 www.genevaassociation.org@TheGenevaAssocSeptember 2016© The Geneva Association 2 PrefaceAnna Maria D’HulsterSecretary General,The Geneva Association 3For a growing number of people climate change is the biggest threat humanity has everfaced. Its potentially devastating effects on the planet—from fuelling geopolitical conflicts,damaging human health, jeopardizing food security to impairing future economic growth—are increasingly well understood by public and private sector decision-makers as well as thepublic at large.It is generally accepted that climate change is one of the reasons for the rising frequency andseverity of natural catastrophes and extreme events, compounding the impact of unrelateddevelopments such as urbanisation and an increasing global economic inter-connectivity.Therefore, ‘Extreme Events and Climate Risk‘ (EE + CR) is one of The Geneva Association’stop priorities for research and stakeholder dialogue. We believe that insurance and riskmanagement has a vital role to play in strengthening societal resilience and ensuring appro-priate loss mitigation. Insurers put an actuarially supported price tag on risks, thus raisingawareness of risk levels and characteristics. They underwrite risks, efficiently spreading anddiversifying them across the globe. In addition, insurers generate and share knowledge,expertise and experience in risk management and disaster risk reduction. The industry, asone of the world’s largest institutional investors, also engages closely with policymakers,regulators and the wider investment community on the development of relevant and soundlow-carbon investment practices.Against this backdrop, The Geneva Association is pleased to present the following researchreport. It offers an authoritative and comprehensive discussion of the benefits from anintegrated public private approach to managing extreme events and climate risk. The in-sights from this report have also underpinned the extensive consultations with The GenevaAssociation‘s members and partners to develop priority workstreams of the Association’sExtreme Event and Climate Risk Programme. Specifically, the authors share insights aboutthe causes and effects