correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify …

methods for financing based on experiences of other countries. Then the focus of the paper shifts towards insurance and …