ABSTRACT

In this book, world-leading social scientists come together to provide original insights on the capacities and limitations of insurance in a changing world.

Climate change is fundamentally changing the ways we insure, and the ways we think about insurance. This book moves beyond traditional economics and financial understandings of insurance to address the social and geopolitical dimensions of this powerful and pervasive part of contemporary life. Insurance shapes material and social realities, and is shaped by them in turn. The contributing authors of this book show how insurance constitutes and is constituted through the traditional elements of earth, water, air, fire, and the novel element of big data. The applied and theoretical insights presented through this novel elemental approach reveal that insurance is more dynamic, multifaceted, and spatially variegated than commonly imagined.

This book is an authoritative source on the capacities and limitations of insurance. It is a go-to reference for researchers and students in the social sciences – particularly those with an interest in economics and finance, and how these intersect with geography, politics, and society. It is also relevant for those in the disaster, environmental, health, natural, and social sciences who are interested in the role of insurance in addressing risk, resilience, and adaptation.

The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

chapter 1|8 pages

Introduction

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part Section I|46 pages

Earth

chapter 122|12 pages

Insurance and geoengineering

From the delusional to the terrestrial?
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chapter 3|15 pages

Indexing the soil

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chapter 4|15 pages

Renaturalising sovereignty

Ex-ante risk management in the Anthropocene
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part Section II|40 pages

Water

chapter 585|11 pages

Stopping the flow

The aspirational elimination of flood insurance cross-subsidies in the United States and the United Kingdom
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chapter 6|13 pages

After the flood

Diverse discourses of resilience in the United States and Australia
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chapter 7|12 pages

Flood insurance

A governance mechanism for supporting equitable risk reduction and adaptation?
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part Section III|44 pages

Fire

chapter 988|12 pages

Between absence and presence

Questioning the value of insurance for bushfire recovery
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chapter 9|14 pages

Is fire insurable?

Insights from bushfires in Australia and wildfires in the United States
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chapter 10|14 pages

Fire insurance and the ‘sustainable building’

The environmental politics of urban fire governance
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part Section IV|44 pages

Air

chapter 14211|13 pages

The relational urban geographies of re/insurance

Florida hurricane wind risk and the making of Singapore's catastrophe finance hub
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chapter 12|11 pages

Emotions and under-insurance

Exploring reflexivity and relations with the insurance industry
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chapter 13|16 pages

Insure the volume?

Sensing air, atmospheres, and radiation in the Chornobyl Exclusion Zone
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part Section V|42 pages

Big data

chapter 18614|14 pages

The uncertain element

Personal data in behavioural insurance
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chapter 16|6 pages

Conclusion

Deconstructing the dualisms of elemental insurance
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