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Insurability of Emerging Risks
Law, Theory and Practice
Brief Description
This book brings together leading experts in the fields of insurance and the law of obligations to consider how insurance law is attempting to deal with emerging risks. Emerging risks pose significant challenges for the insurance industry. Apart from difficulties in quantifying such risks, the availability...
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See moreBrings together leading experts working in the fields of insurance and the law of obligations to consider how insurance law is attempting to deal with emerging risks.
Brings together leading experts working in the fields of insurance and the law of obligations to consider how insurance law is attempting to deal with emerging risks.
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Description
This book brings together leading experts in the fields of insurance and the law of obligations to consider how insurance law is attempting to deal with emerging risks.
Emerging risks pose significant challenges for the insurance industry. Apart from difficulties in quantifying such risks, the availability of insurance capacity is often a concern. The book looks at these issues from philosophical, economic, and actuarial perspectives. It asks how far existing private law rules can cope with emerging risks, and in so far as they cannot, how the law should be developed by courts and lawmakers to deal with the emerging legal issues.
The book questions the suitability of the current insurance business models in insuring climate-related risks, autonomous systems, insurance of fines and penalties; as well as how mass or systemic risks (e.g., pandemics or cyber risks) can be made insurable through βadd onβ coverages to the conventional insurance policies. It also evaluates governments' roles to encourage insurers to provide cover for such risks and discusses how a balance can be struck between the need to regulate and the insurance markets' dynamics.
Insurability of Emerging Risks will be of academic interest to anyone working in the field of insurance and is also relevant for market participants, policymakers, and regulators.
Book Details
INFORMATION
ISBN: 9781509978755
Publisher: Bloomsbury Publishing PLC
Format: Paperback / softback
Date Published: 11 June 2026
Country: United Kingdom
Imprint: Hart Publishing
Contributors:
- Edited by Baris Soyer
- Edited by Γzlem GΓΌrses
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 20.0mm
Width: 152.0mm
Height: 232.0mm
Weight: 540g
Pages: 360
Collections
About the Author
Baris Soyer is Professor of Commercial and Maritime Law and Director of the Institute of International Shipping and Trade Law at Swansea University, UK.
Γzlem GΓΌrses is Professor of Law at Kingβs College London, UK.
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