Insurance companies can be exposed to climate-related physical risk through their operations and to transition risk … life insurance companies in the U.S. We construct a novel physical risk factor by forming a portfolio of P&C insurers … through their $12 trillion of financial asset holdings. We assess the climate risk exposure of property and casualty (P&C) and …

Fundamentals of Risk and Insurance, 11th Edition presents a thorough and comprehensive introduction to the field of … insurance while emphasizing the consumer. The new edition first examines the concept of risk, the nature of the insurance device …, and the rinciples of risk management. It then discusses the traditional fields of life and health insurance as solutions …