Insurance and the Natural Assurance Value (of Ecosystems) in Risk Prevention and Reduction

Abstract Climate change is increasing the frequency and intensity of natural disasters can threaten functions ecosystems. Affected, damaged or destroyed ecosystems in turn also make our societies more vulnerable to hazards climate (i.e. their assurance value). In addition, expanding communities concentrations wealth high-risk areas are risk exposure dramatically. This chapter outlines growing interest protective role nature-based solutions (NBS) play buffering against risks posed by hazards. It presents mechanisms potential roles insurance industry facilitate loss prevention through NBS. The use catastrophe models quantify value nature (in line with Chaps. 1 2 ), benefits reducing hazards-related damages have been highlighted. Catastrophe developed run companies well-suited support quantification avoided damage provided be performed complement research institutions assessments co-benefits NBS provide (as outlined case studies’ chapters). findings this a strong for pro-active engagement assessing reduction measures public/private plans implementation monitoring. Graphical