Compendium of Publications - The Geneva Association
Compendium of Publications - The Geneva Association
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