The purpose of this paper is to raise general awareness of the sustainability challenges related to the extraction of oil sands. In addition, the paper sets out possible ways of how (re-)insurance companies, from a risk management perspective, could address business transactions in relation to oil sands. It should be noted that the paper does not present any technical, legal, financial or underwriting views.
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During the Q2 2012 CRO Forum meeting, CROs decided to prepare a short paper on anti-discrimination considering the practical consequences and considerations of Anti-discrimination directives highlighting related fundamentals of insurance and the risk management implications.The [...]