Role of insurance companies in dealing with environmental issues
The purpose of this paper is to discuss the role of insurance companies in solving environmental issues. Environmental issues we now face are many of such magnitude and severity that it is not just up to governments or heavy polluting companies to deal with them, everyone needs to contribute includi...
Published in: | Veftímaritið Stjórnmál og stjórnsýsla |
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Format: | Article in Journal/Newspaper |
Language: | Icelandic |
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Stjórnsýslustofnun
2015
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Online Access: | http://www.irpa.is/article/view/a.2015.11.1.6 https://doi.org/10.13177/irpa.a.2015.11.1.6 |
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fticelandunivojs:oai:ojs.hi.is:article/1913 2023-05-15T16:11:03+02:00 Role of insurance companies in dealing with environmental issues Hlutverk vátryggingafélaga við úrlausn umhverfislegra vandamála Jóhannsdóttir, Lára Ólafsson, Snjólfur Davíðsdóttir, Brynhildur 2015-06-15 application/pdf http://www.irpa.is/article/view/a.2015.11.1.6 https://doi.org/10.13177/irpa.a.2015.11.1.6 isl ice Stjórnsýslustofnun http://www.irpa.is/article/view/a.2015.11.1.6/pdf http://www.irpa.is/article/view/a.2015.11.1.6 doi:10.13177/irpa.a.2015.11.1.6 ##submission.copyrightStatement## Icelandic Review of Politics & Administration; Árg. 11, Nr 1 (2015); 87-114 Stjórnmál og stjórnsýsla; Árg. 11, Nr 1 (2015); 87-114 1670-679X 1670-6803 Insurance companies environmental issues government role action Vátryggingafélög umhverfisleg vandamál stjórnvöld hlutverk aðgerðir info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article 2015 fticelandunivojs https://doi.org/10.13177/irpa.a.2015.11.1.6 2022-09-21T13:39:24Z The purpose of this paper is to discuss the role of insurance companies in solving environmental issues. Environmental issues we now face are many of such magnitude and severity that it is not just up to governments or heavy polluting companies to deal with them, everyone needs to contribute including authorities, institutions, corporations and individuals. Insurance systems differ between countries, but due to the size of the insurance sector and integration with almost every aspect oft society, insurers can be a powerful ally when it comes to implementing environment and climate policies of authorities. The article is based on a Ph.D. research of one of the authors which conducted a multi-case study of 16 Nordic insurance companies in the Åland Islands, Faroe Islands, Iceland, Denmark, Finland, Norway, and Sweden. The companies are divided into two case groups; the Islands group and the Mainland group. Differences in actions/inactions were evident between the case groups, meaning that most of the examples used are from the Mainland group. The environmental and climate change focus areas of the Mainland group are 1) products and services, 2) loss prevention and claim settlement, 3) investments, 4) companies own operation, 5) follow-up, and 6) insurers as a driving force of actions. In case of the Islands companies they mainly focus on loss prevention and few factors that affect their daily activities. Theoretical and practical contribution of the study is to highlight the role and contribution of insurance companies in dealing with environmental issues. Tilgangur greinarinnar er að fjalla um hlutverk vátryggingafélaga við úrlausn umhverfislegra vandamála. Umhverfisleg vandamál eru mörg hver þess eðlis að þau eru ekki einkamál stjórnvalda eða fyrirtækja í mengandi starfsemi, heldur þurfa allir að leggja sitt af mörkum ef bæta á ástandið, stjórnvöld, stofnanir, fyrirtæki og einstaklingar. Uppbygging vátryggingakerfa er mismunandi á milli landa, en vegna stærðar vátryggingageirans og samþættingar við flest alla ... Article in Journal/Newspaper Faroe Islands Iceland University of Iceland: Peer Reviewed Journals Faroe Islands Norway Veftímaritið Stjórnmál og stjórnsýsla 11 1 87 |
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Open Polar |
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University of Iceland: Peer Reviewed Journals |
op_collection_id |
fticelandunivojs |
language |
Icelandic |
topic |
Insurance companies environmental issues government role action Vátryggingafélög umhverfisleg vandamál stjórnvöld hlutverk aðgerðir |
spellingShingle |
Insurance companies environmental issues government role action Vátryggingafélög umhverfisleg vandamál stjórnvöld hlutverk aðgerðir Jóhannsdóttir, Lára Ólafsson, Snjólfur Davíðsdóttir, Brynhildur Role of insurance companies in dealing with environmental issues |
topic_facet |
Insurance companies environmental issues government role action Vátryggingafélög umhverfisleg vandamál stjórnvöld hlutverk aðgerðir |
description |
The purpose of this paper is to discuss the role of insurance companies in solving environmental issues. Environmental issues we now face are many of such magnitude and severity that it is not just up to governments or heavy polluting companies to deal with them, everyone needs to contribute including authorities, institutions, corporations and individuals. Insurance systems differ between countries, but due to the size of the insurance sector and integration with almost every aspect oft society, insurers can be a powerful ally when it comes to implementing environment and climate policies of authorities. The article is based on a Ph.D. research of one of the authors which conducted a multi-case study of 16 Nordic insurance companies in the Åland Islands, Faroe Islands, Iceland, Denmark, Finland, Norway, and Sweden. The companies are divided into two case groups; the Islands group and the Mainland group. Differences in actions/inactions were evident between the case groups, meaning that most of the examples used are from the Mainland group. The environmental and climate change focus areas of the Mainland group are 1) products and services, 2) loss prevention and claim settlement, 3) investments, 4) companies own operation, 5) follow-up, and 6) insurers as a driving force of actions. In case of the Islands companies they mainly focus on loss prevention and few factors that affect their daily activities. Theoretical and practical contribution of the study is to highlight the role and contribution of insurance companies in dealing with environmental issues. Tilgangur greinarinnar er að fjalla um hlutverk vátryggingafélaga við úrlausn umhverfislegra vandamála. Umhverfisleg vandamál eru mörg hver þess eðlis að þau eru ekki einkamál stjórnvalda eða fyrirtækja í mengandi starfsemi, heldur þurfa allir að leggja sitt af mörkum ef bæta á ástandið, stjórnvöld, stofnanir, fyrirtæki og einstaklingar. Uppbygging vátryggingakerfa er mismunandi á milli landa, en vegna stærðar vátryggingageirans og samþættingar við flest alla ... |
format |
Article in Journal/Newspaper |
author |
Jóhannsdóttir, Lára Ólafsson, Snjólfur Davíðsdóttir, Brynhildur |
author_facet |
Jóhannsdóttir, Lára Ólafsson, Snjólfur Davíðsdóttir, Brynhildur |
author_sort |
Jóhannsdóttir, Lára |
title |
Role of insurance companies in dealing with environmental issues |
title_short |
Role of insurance companies in dealing with environmental issues |
title_full |
Role of insurance companies in dealing with environmental issues |
title_fullStr |
Role of insurance companies in dealing with environmental issues |
title_full_unstemmed |
Role of insurance companies in dealing with environmental issues |
title_sort |
role of insurance companies in dealing with environmental issues |
publisher |
Stjórnsýslustofnun |
publishDate |
2015 |
url |
http://www.irpa.is/article/view/a.2015.11.1.6 https://doi.org/10.13177/irpa.a.2015.11.1.6 |
geographic |
Faroe Islands Norway |
geographic_facet |
Faroe Islands Norway |
genre |
Faroe Islands Iceland |
genre_facet |
Faroe Islands Iceland |
op_source |
Icelandic Review of Politics & Administration; Árg. 11, Nr 1 (2015); 87-114 Stjórnmál og stjórnsýsla; Árg. 11, Nr 1 (2015); 87-114 1670-679X 1670-6803 |
op_relation |
http://www.irpa.is/article/view/a.2015.11.1.6/pdf http://www.irpa.is/article/view/a.2015.11.1.6 doi:10.13177/irpa.a.2015.11.1.6 |
op_rights |
##submission.copyrightStatement## |
op_doi |
https://doi.org/10.13177/irpa.a.2015.11.1.6 |
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Veftímaritið Stjórnmál og stjórnsýsla |
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11 |
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