Abstract:
What is the perception of insurances and climate change? Human behavior also leads to climate change, which has been repeatedly and independently confirmed by the Intergovernmental Panel on Climate Change (IPCC). The consequences of climate change are then manifest in extreme weather situations with corresponding massive financial losses for insurers and insured persons.Indicators, values and consequences get investigated. Any here discussed objectives are only a small extract of all existing or potential objectives. The research method used by the author was an analysis of existing and published literature within Web of Science and elsewhere like the IPCC and her organisations (in total more than 15 references), mainly from the last decade. The approach of the topic is to define and evaluate the actual status quo of climate change regarding results for people from the US American and German point of view. Research findings are shown within a brief summary to offer an opportunity for further analysis, discussions, or results. The climate change is an accepted possibility to measure effects on nature, based on numerical indicators and values. The emergence of external costs must be borne in full by the insurers and thus the insured persons. Ecology, Society and insurances have to go hand in hand and people have to be taught their current behavior regarding environment costs money – direct and indirect. results and implications for practice, applications and consequences are identified. Climate change and its effects can be evaluated in the short, mid and long term run. The insured persons bear all costs incurred through the risk calculation of the insurer. Avenues of future research should always include Insurance contributions that are payable by all and thus directly and indirectly bill the climate impact damage to the insured. This paper sees climate change from the economics point of view (a research gap so far) and is in contrast to most existing literature which has the approach from the environment (natural sciences/technique) or society/politics.
