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Academic Journal of Business & Management, 2022, 4(17); doi: 10.25236/AJBM.2022.041703.

China Catastrophe Insurance: A Boost to Green Insurance Development under ESG Concept


Li Tong

Corresponding Author:
Li Tong

PhD. Student, Saint-Petersburg State University, St. Petersburg, Russia, 199034


China urgently needs to develop catastrophe risk management due to the frequent incidence of disasters over the past 50 years, but insurance now only plays a small part in this process. Disaster insurance is a crucial piece of green insurance as well as a strategy for managing catastrophe risk and compensating for catastrophe losses. Academics are currently researching China's catastrophic insurance system using ESG, a novel theory of economic development. The topic of this thesis is catastrophe insurance using the conventional definition of a natural disaster, and it makes creative recommendations for the implementation of a catastrophe insurance system.


Catastrophe Insurance, ESG, China, Green Insurance

Cite This Paper

Li Tong. China Catastrophe Insurance: A Boost to Green Insurance Development under ESG Concept. Academic Journal of Business & Management (2022) Vol. 4, Issue 17: 11-19. https://doi.org/10.25236/AJBM.2022.041703.


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