Integrating climate change risk management into icelandic insurance companies /

Climate change poses significant challenges to the insurance industry. This thesis focuses on the integration of climate change risk management within the risk management frameworks of Icelandic insurance companies. The research leverages the Application Guidance provided by the European Insurance a...

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Bibliographic Details
Main Author: Loftsdottir, Katrin
Format: Master Thesis
Language:Lithuanian
English
Published: Institutional Repository of Vilnius University 2023
Subjects:
Climate change
risk management
insurance
Iceland
solvency
Online Access:https://repository.vu.lt/VU:ELABAETD192826484&prefLang=en_US
id ftvilniusuniv:oai:vu.lt:elaba:192826484
record_format openpolar
spelling ftvilniusuniv:oai:vu.lt:elaba:192826484 2024-05-12T08:05:49+00:00 Integrating climate change risk management into icelandic insurance companies / Klimato kaitos rizikos valdymas Islandijos draudimo bendrovėse. Loftsdottir, Katrin 2023 application/pdf https://repository.vu.lt/VU:ELABAETD192826484&prefLang=en_US lit eng lit eng Institutional Repository of Vilnius University https://epublications.vu.lt/object/elaba:192826484/192826484.pdf https://repository.vu.lt/VU:ELABAETD192826484&prefLang=en_US info:eu-repo/semantics/openAccess Climate change risk management insurance Iceland solvency info:eu-repo/semantics/masterThesis 2023 ftvilniusuniv 2024-04-12T01:03:21Z Climate change poses significant challenges to the insurance industry. This thesis focuses on the integration of climate change risk management within the risk management frameworks of Icelandic insurance companies. The research leverages the Application Guidance provided by the European Insurance and Occupational Pensions Authority (EIOPA) to conduct climate change materiality assessments, incorporates climate change stress tests and scenarios, and utilizes the "R" software to assess risks within the Solvency II framework. The objective is to support Icelandic insurers in effectively managing climate-related risks, promoting sustainability, and ensuring industry resilience. Through the use of dummy life and non-life insurance companies, this thesis presents practical approaches for identifying, assessing, and monitoring climate-related risks specific to the Icelandic insurance industry. Master Thesis Iceland Vilnius University Virtual Library (VU VL)
institution Open Polar
collection Vilnius University Virtual Library (VU VL)
op_collection_id ftvilniusuniv
language Lithuanian
English
topic Climate change
risk management
insurance
Iceland
solvency
spellingShingle Climate change
risk management
insurance
Iceland
solvency
Loftsdottir, Katrin
Integrating climate change risk management into icelandic insurance companies /
topic_facet Climate change
risk management
insurance
Iceland
solvency
description Climate change poses significant challenges to the insurance industry. This thesis focuses on the integration of climate change risk management within the risk management frameworks of Icelandic insurance companies. The research leverages the Application Guidance provided by the European Insurance and Occupational Pensions Authority (EIOPA) to conduct climate change materiality assessments, incorporates climate change stress tests and scenarios, and utilizes the "R" software to assess risks within the Solvency II framework. The objective is to support Icelandic insurers in effectively managing climate-related risks, promoting sustainability, and ensuring industry resilience. Through the use of dummy life and non-life insurance companies, this thesis presents practical approaches for identifying, assessing, and monitoring climate-related risks specific to the Icelandic insurance industry.
format Master Thesis
author Loftsdottir, Katrin
author_facet Loftsdottir, Katrin
author_sort Loftsdottir, Katrin
title Integrating climate change risk management into icelandic insurance companies /
title_short Integrating climate change risk management into icelandic insurance companies /
title_full Integrating climate change risk management into icelandic insurance companies /
title_fullStr Integrating climate change risk management into icelandic insurance companies /
title_full_unstemmed Integrating climate change risk management into icelandic insurance companies /
title_sort integrating climate change risk management into icelandic insurance companies /
publisher Institutional Repository of Vilnius University
publishDate 2023
url https://repository.vu.lt/VU:ELABAETD192826484&prefLang=en_US
genre Iceland
genre_facet Iceland
op_relation https://epublications.vu.lt/object/elaba:192826484/192826484.pdf
https://repository.vu.lt/VU:ELABAETD192826484&prefLang=en_US
op_rights info:eu-repo/semantics/openAccess
_version_ 1798848186747453440

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