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Insurability of Emerging Risks

Law, Theory and Practice

Baris Soyer (Swansea University, UK) Özlem Gürses (King’s College London, UK)

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English
Hart Publishing
11 June 2026
This book brings together leading experts in the fields of insurance and the law of obligations to consider how insurance law is attempting to deal with emerging risks.

Emerging risks pose significant challenges for the insurance industry. Apart from difficulties in quantifying such risks, the availability of insurance capacity is often a concern. The book looks at these issues from philosophical, economic and actuarial perspectives. It asks how far existing private law rules can cope with emerging risks, and in so far as they cannot, how the law should be developed by courts and lawmakers to deal with the emerging legal issues.

The book questions the suitability of the current insurance business models in insuring climate-related risks, autonomous systems, insurance of fines and penalties; as well as how mass or systemic risks (eg pandemics or cyber risks) can be made insurable through ‘add on’ coverages to the conventional insurance policies. It also evaluates governments' roles to encourage insurers to provide cover for such risks and discusses how a balance can be struck between the need to regulate and the insurance markets' dynamics.

The book will be of academic interest to anyone working in the field of insurance and also relevant for market participants, policy-makers and regulators.
Edited by:   , ,
Imprint:   Hart Publishing
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 25mm
Weight:   454g
ISBN:   9781509978755
ISBN 10:   1509978755
Pages:   360
Publication Date:  
Audience:   Professional and scholarly ,  College/higher education ,  Undergraduate ,  Primary
Format:   Paperback
Publisher's Status:   Active

Baris Soyer is Professor of Commercial and Maritime Law and Director of the Institute of International Shipping and Trade Law at Swansea University, UK. Özlem Gürses is Professor of Law at King’s College London, UK.

Reviews for Insurability of Emerging Risks: Law, Theory and Practice

This brief review cannot do justice to the breadth and depth of the book. The editors and contributing authors are to be congratulated on this thought-provoking book. * BILA Journal *


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