000 | 01599nam a2200193Ia 4500 | ||
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008 | 140323b2006 xxu||||| |||| 00| 0 eng d | ||
020 | _a8079930947 | ||
082 | _a368.954 | ||
100 |
_aKelkar, Ulka _9128517 |
||
245 |
_aThe Indian insurance industry and climate change: exposure, opportunities, and strategies ahead _cKelkar, Ulka |
||
260 |
_aNew Delhi _bTERI Press-The Energy and Resources Institute _c2006 _9128518 |
||
300 | _axv, 63 p. | ||
520 | _aWhat is the preparedness of the Indian insurance industry to deal with the growing frequency and severity of natural disasters? We examine this question and argue that the continuation of present practices is not sufficient to address the challenges posed by climate change. The potential impact of climate change on the Indian economy can be severe, given the country's history of disaster losses, which is compounded by growth in population concentrations and burgeoning development in coastal and flood-prone areas. Targeted strategies are needed to deal with the rising costs of claims caused by climate change in a fledging Indian insurance market. The key challenges are to improve penetration of the available insurance products and to develop innovative delivery mechanisms to improve the access of the most vulnerable communities. Insurance is only a part of the solution, and must be combined with other measures that foster genuine preparedness and adaptation. | ||
650 | _aInsurance industry - India | ||
700 |
_aJames, Catherine Rose _9128519 |
||
700 |
_aKumar, Ritu _9128520 |
||
942 | _cBK | ||
999 |
_c299682 _d299682 |