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Georgia Law Review Volume 58Number 4Article 46102024Climate Risk, Insurance Retreat, and State Response Mark Nevitt Emory University School of Law, mark.nevitt@emory.eduMichael Pappas University of
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Metrics climate risk insurance is a financial product designed to provide coverage against losses resulting from climate-related risks, such as extreme weather events or changes in climate patterns.
Entities operating in sectors significantly affected by climate risks, including those mandated by regulatory frameworks to report on climate-related exposures, are required to file metrics climate risk insurance.
To fill out metrics climate risk insurance, entities must provide specific data related to their exposure to climate risks, the nature of the insurance coverage sought, and any relevant supporting documents as prescribed by the filing guidelines.
The purpose of metrics climate risk insurance is to mitigate financial losses arising from climate-related risks, thereby enhancing resilience and enabling better management of climate impacts on operations.
Information that must be reported includes the extent of climate risk exposure, types of insurance coverage needed, risk assessment results, and other relevant quantitative and qualitative data concerning climate risks.
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