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Compendium of Publications - The Geneva Association

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<strong>Compendium</strong> <strong>of</strong> <strong>Publications</strong> <strong>of</strong> <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong><br />

<strong>The</strong> insurance industry proved to be extremely resilient during the recent crisis and hence should be<br />

more a source <strong>of</strong> positive examples and solutions for other industries than be subject to regulatory<br />

rules invented for different institutions and industries, such as banking. <strong>The</strong> future size and shape <strong>of</strong><br />

the international regulatory architecture for the insurance industry will become much clearer in 2012<br />

and the discussions on that process are reaching a critical juncture.<br />

This document on insurance regulation sets the context for these vital next months. It is part <strong>of</strong> a<br />

substantial body <strong>of</strong> work on financial stability by <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong> and draws on selected<br />

contributions from the book published recently on the subject, <strong>The</strong> Future <strong>of</strong> Insurance Regulation and<br />

Supervision. A Global Perspective (Palgrave Macmillan 2011). <strong>The</strong> papers included in this publication<br />

are key analyses and considerations for this crucial period for the future <strong>of</strong> the insurance industry and<br />

highlights some <strong>of</strong> the concepts that will be crucial in informing the debates that will prove to be so<br />

important.<br />

Tackling Climate Risk: An Insurance Contribution<br />

to the COP Discussions—COP 17 Background<br />

Document by <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong><br />

<strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>, December 2011<br />

As the negotiators gather for the Conference <strong>of</strong> the Parties<br />

17 (COP17) in Durban, South Africa to reinforce the fragile<br />

momentum gathered in Cancun in 2010, international insurance<br />

economics think tank, <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong> has issued this<br />

paper to emphasise the key role that insurance plays when it<br />

comes to dealing with climate and environmental risks and how<br />

this industry can contribute in a positive way to cope with the<br />

challenges confronting humankind. <strong>The</strong> document builds on<br />

the central messages <strong>of</strong> <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>’s 2009 Kyoto<br />

Statement and the 2010 Developing Countries Statement,<br />

issued in collaboration with ClimateWise, the Munich Climate<br />

Insurance Initiative (MCII) and UNEP-FI.<br />

<strong>The</strong> Essential Role <strong>of</strong> Insurance Services for<br />

Trade Growth and Development—A Primer<br />

from <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>’s Programme on<br />

Regulation and Supervision (PROGRES)<br />

<strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>, December 2011<br />

This document considers the essential role <strong>of</strong> insurance services<br />

in trade growth and development around the world and the<br />

main factors that influence it. In the context <strong>of</strong> the role and<br />

function <strong>of</strong> insurance in the economy and the principles and<br />

restrictions that underlie the regulation <strong>of</strong> insurance, it examines<br />

the impolications <strong>of</strong> the World Trade Organization (WTO) and<br />

the Doha Development Agenda Round <strong>of</strong> trade negotiations<br />

and the work <strong>of</strong> the United Nations Commission on Trade and<br />

Development (UNCTAD) as they relate to insurance. Written<br />

by Julian Arkell, Special Advisor to <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong> on<br />

Global Services and Trade and Investment issues, it is intended<br />

as a reference document and a primer on these issues that affect<br />

the globalisation <strong>of</strong> the insurance industry.<br />

<strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>’s Climate Risk<br />

and Insurance Project<br />

www.genevaassociation.org<br />

Tackling Climate Risk: An Insurance<br />

Contribution to the COP Discussions<br />

COP 17 Background Document by <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong><br />

December 2011<br />

<strong>The</strong> Essential Role <strong>of</strong> Insurance Services<br />

for Trade Growth and Development<br />

A Primer from <strong>The</strong> <strong>Geneva</strong> <strong>Association</strong>’s Programme on Regulation<br />

and Supervision (PROGRES)<br />

December 2011

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