The paper, " Risk to Opportunity: How Insurers can Proactively and Profitably Manage Climate Change", said a well-worn example of risk was degraded indoor air quality due to over-tightening of buildings. In many cases, these concerns were unfounded, but in others they are legitimate (but surmountable). An example of the latter is that small/light cars exist that are as safe or safer than SUVs. Energy supply issues: But, when it came to energy supply issues, questions have arisen about un-quantified liabilities associated with the rising popularity of proposals to capture carbon dioxide at the point of production (e.g. power plant stacks) and inject it, hopefully safely and permanently, into the earth or seabed. The insurance sector will probably be unwilling to insure a rebirth of nuclear power, argued by some as an important part of the response to climate change.
Reference: "From Risk to Opportunity: How Insurers can Proactively and Profitably Manage Climate Change", p.30. The full report is available at www.ceres.org/pub/publications
