The Geneva Papers (2008) 33, 110–116. doi:10.1057/palgrave.gpp.2510160

Preparing for Climate Change: Insurance and Small Business

Kim Clemoa

aAXA Insurance, 1 Aldgate, London EC3N 1RE, U.K. E-mail: kim.clemo@axa-insurance.co.uk

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Abstract

This paper considers the threat of climate change in the U.K., especially flooding, with regard to the impact that it will have on small and medium-sized enterprises and on the insurance industry itself and the role it plays. It examines the current situation facing the U.K. and then examines the responses being made to this and what can be done in the future to help resolve this issue.

Keywords:

climate change, flood risk, insurance industry, small businesses

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