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Insurance Industry, Scientists Team Up For Mutual Benefits

The United Nations Convention on Climate Change, held in Berlin March 28-April 7, was marked by a presence hitherto unseen at such events_representatives from the insurance industry. The company officials, who attended in order to learn more about climatic issues, herald a rapidly expanding dialogue between these traditionally mutually exclusive communities, according to both insurance and science observers. SCENE OF CHANGE: BBSR provides scientists and insurers a platform to discuss issues of

Neeraja Sankaran

The United Nations Convention on Climate Change, held in Berlin March 28-April 7, was marked by a presence hitherto unseen at such events_representatives from the insurance industry. The company officials, who attended in order to learn more about climatic issues, herald a rapidly expanding dialogue between these traditionally mutually exclusive communities, according to both insurance and science observers.


SCENE OF CHANGE: BBSR provides scientists and insurers a platform to discuss issues of common interest.
For its part, the insurance industry is coming to realize it has a stake in understanding and preventing the risks to life and property posed by environmental hazards and natural disasters, insurance executives say. For scientists, this newfound interest in their work has already begun to manifest itself in employment opportunities as consultants, risk analysts, or researchers on geological and weather-related catastrophes. In the future, some suggest, this alliance could become a lobbying force on...

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