Includes bibliographical references and index.

1. Climate change, catastrophe risk, and government stimulation of the insurance market : a study of transitional China -- 2. Climate change, and financial instruments to cover disasters : what role for insurance in transitional China? -- 3. Mitigation of climate-change risks and regulation by insurance -- 4. Regulation by catastrophe insurance : a comparative study -- 5. Regulation by government-sponsored reinsurance in catastrophe management -- 6. Innovations in insurance markets and securitization of catastrophe risk : experiences and lessons to learn -- 7. Roadmap for transitional reform in China.

"China is the largest greenhouse gas emitter in the world and also suffers from devastating climate catastrophes. Increasingly, policymakers in China have come to realize that government alone cannot adequately prevent or defray climate-related disaster risks. This book contends that a better way to manage catastrophe risk in China is through private insurance rather than directly through the Chinese government. In addition, private insurance could function as a substitute for, or complement to, government regulation of catastrophe risks by causing policyholders to take greater precautions to reduce climate change risks."-- Back cover.