Insuring environmental damage in the European Union
The new Environmental Liability Directive of the European Union presents a major challenge for the insurance industry: It creates unprecedented loss complexes based on a new public law liability regime for which claims experience is not yet available. With its publication “Insuring environmental damage in the European Union” Swiss Re provides an overview of the revised environmental liability regime in the EU, and examines the problems and opportunities this creates from an insurance viewpoint.
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(Swiss Re Institute) Risk Dialogue Magazine
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