Prepared by the UNEP FI Australasian Advistory Committee on Insurance, this publication discusses risk management in general and the role that insurance plays in risk management for businesses. It focuses on environmental risk as one of the sources of potential liability that a business would manage, and the potential consequences of not properly managing environmental risk. Drawing in part from the Australian experience in this area, the report also looks at how insurance addresses liability for environmental risk at present, and considers whether there is a broader role for insurance in an environmentally sustainable future.
Published: 2003 | by: UNEP FI / EPA Victoria (Australia)

Risk, the Environment, and the Role of the Insurance Industry (414 KB | 53 pages)