Vol: 4, Issue: 3 2014

Climate Change and Their Impact on Insurance

Pushpendr Singh Gaur

Indians should be concerned about climate change since this phenomenon might have substantial adverse impacts on them. Not all possible consequences of climate change are yet fully understood, but the three main 'categories' of impacts are those on agriculture, sea level rise leading to submergence of coastal areas, as well as increased frequency of extreme events. Each of these pose serious threats to India.