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July 1, 2007

Professor to Present Work on Global Warming-Climate Change Risks Relating to Insurance Industry

Dan Anderson, Leslie P. Schultz Professor of Risk Management and Insurance, has been awarded a $10,000 stipend to present his paper, "Sustainability Risk Management as a Critical Component of Enterprise Risk Management: Global Warming-Climate Change Risks," as it relates to global warming and climate change to two of the world's leading international insurance organizations.

Anderson was given the stipend by the Geneva Association, Switzerland, and the International Insurance Society, Inc., New York as one of three winners of the collaborative insurance research program. Other winners include: Jeungbo Shim, Ph.D. candidate, Department of Risk Management & Insurance, Georgia State University; and co-authors Shaun Yow, Boston Consulting Group, and Michael Sherris, School of Actuarial Studies, Faculty of Business, University of New South Wales, Sydney, Australia.

Now in its third year, the insurance research program award was designed by the Geneva Association and the International Insurance Society to foster high-quality, practical research on current issues. Anderson, whose research focuses on sustainability risk management issues, will present his paper during the International Insurance Society's seminar in Berlin, Germany this July.