COMPOSITE INSURER CONSIDERATION AND ATTITUDES ON ENVIRONMENTAL MANAGEMENT SYSTEMS CONCERNING PUBLIC LIABILITY POLICIES FOR POLLUTION RISKS

Autor:	Dino Minoli, J. N. B. Bell
Rok vydání:	2002
Předmět:	Pollution Actuarial science Work (electrical) media_common.quotation_subject Geography Planning and Development Control (management) Liability Economics Liability insurance Management Monitoring Policy and Law health care economics and organizations media_common
Zdroj:	Journal of Environmental Assessment Policy and Management. :329-347
ISSN:	1757-5605 1464-3332
DOI:	10.1142/s1464333202001042
Popis:	Pollution can incur costly clean-up programmes, erode company profits, and undermine governmental policy towards sustainable economic development. Governments and insureds are inquiring about insurance and environmental management systems (EMSs) to help prevent, control, and compensate for the risk of pollution. There is little analysis on using these instruments in defence of the environment. This issue is explored in a workshop and survey questionnaire on EMSs and public liability insurance concerning pollution risks in the UK market. EMSs might provide risk and claims assessment information, reduce pollution risks in the long term, and lead to comparatively lower insurance premiums. Insurers' rating, assessment, investigation, statistical and education work with regard to pollution risks is in its infancy and there is little knowledge, poor recognition and low confidence in EMSs. Political, practical, economic and legal problems impede insurers' capacity to reply positively to pollution risks and EMSs. Failure to overcome these issues reduces the insurers' and insureds' ability to prevent and control the risk of pollution and lessen its aftermath of detrimental consequences.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::17b66cadc1456db33f6a09634a069376 https://doi.org/10.1142/s1464333202001042 Zobrazit plný text záznamu