Bøger af Janardhana Anjanappa

This study aims to assess the potential role of insurance in alleviating climate change risks in India. It does this by exploring the unique challenges and opportunities that the Indian insurance industry faces in integrating climate risk insurance into its risk management strategies. The study also examines the comprehensive research on the Indian insurance industry's response to climate change and try to combines insights from fields such as economics, finance, environmental science, and policy. The study finds that the Indian insurance industry is facing a number of challenges in addressing climate change risks. These include affordability and availability of coverage, the growing financial burden on insurance companies, limited historical data, uncertainty in risk assessment, long-term liabilities, and the potential for moral hazard. However, the study also finds that there are a number of opportunities for the insurance industry to address these challenges and contribute to climate change resilience. These include collaboration and knowledge sharing between insurers, policymakers, scientists, and other stakeholders, the development of innovative insurance and risk management products, education and awareness initiatives, and investments in renewable energy and low-carbon technologies. Overall, the study finds that the challenges posed by climate change in the insurance industry require proactive and collaborative approaches. By embracing these opportunities and developing innovative solutions, insurers can contribute to building resilience, reducing risks, and promoting a sustainable response to climate change.