Environmental risk management through insurance and finance
by Richard Turrin
International Journal of Global Energy Issues (IJGEI), Vol. 10, No. 2/3/4, 1998

Abstract: Environmental insurance coverage, and hybrid products combining insurance and finance, offer a tremendous opportunity to reduce potential long term liability for environmental damages. These products offer a disciplined structure to manage environmental risks, and in certain cases may be used as a vehicle to finance environmental clean ups. Most importantly, they are a tool in the risk management process which allows environmental risk, that cannot be eliminated, to be transferred to an insurer or to a facility which allows for the management of an eventual cash flow.

Online publication date: Wed, 09-Jul-2014

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