Insurance companies are uniquely placed to diffuse projects damaging the environment by refusing to insure them, said climate campaigner Nick Haines from SumOfUs. Meanwhile, a report from the University of Queensland (UQ) Business School urges the insurance industry to work with state policymakers to improve society's ability to recover from disasters and to reduce vulnerability to such events. Risk assessments undertaken by insurers can help to push for flood defences or help to better position new buildings, said lead researcher Paula Jarzabkowski.
Insurance companies are uniquely placed to diffuse projects damaging the environment by refusing to insure them, said climate campaigner Nick Haines from SumOfUs. Meanwhile, a report from the University of Queensland Business School urges the insurance industry to work with state policymakers to improve society's ability to recover from disasters and to reduce vulnerability to such events. Risk assessments undertaken by insurers can help to push for flood defences or help to better position new buildings, said lead researcher Paula Jarzabkowski.