Questionnaire on the feasibility of creating a fund to cover environmental liabilities (insurance representative)

Positions of stakeholders in the insurance sector towards the idea of the development of a fund or a risk-pooling scheme to address liabilities resulting from major industrial operations and accidents

*Mandatory

Haut du formulaire

Chapter 1:Introduction

This questionnaire has been prepared within the framework of a study carried out for the European Commission (DG Environment) on the feasibility of establishing a fund or risk pooling scheme to address liabilities for traditional damage and environmental damage resulting from major industrial accidents involving pollution. The aim of this questionnaire is to obtain the views of stakeholders in the insurance sector on the idea and the optimal design elements of such a fund or risk pooling scheme. We recognise that you will not necessarily be able to answer all questions but would appreciate if you could answer as fully as possible.

Chapter 2:State of riskcoverage

1. Do you consider that public liability policies provide cover for TRADITIONAL damage liabilities that could result from an accident involving pollution?

  • Yes
  • No

2. Do you consider that public liability policies provide cover for ENVIRONMENTAL damage liabilities that could result from an accident involving pollution?

  • Yes
  • No

3. If you answered "No" to the preceding questions, how do companies ensure they have cover for potential environmental liabilities resulting from an accident involving pollution

  • Anotherfinancialsecurity instrument
  • A level of net worth considered adequate
  • Other :

4. Do you consider that insurers in your area offer adequate cover to companies for all their potential environmental liabilities?

  • Yes
  • No

5. If not, which liabilities are not covered?

6. If all of a company’s liabilities from an accident involving pollution are not covered, do you consider that they have sought full coverage or decided not to do so?

7. In your experience, what is the level of costs claimed by insured companies for traditional damage from an accident involving pollution?

8. In your experience, what is the level of costs claimed by insured companies for environmental damage from an accident involving pollution?

9. What do you consider to be the level of public awareness of the Environmental Liability Directive?And what do you consider could be done to increase this awareness?

10. What do you consider to be the level of brokers' awareness of the Environmental Liability Directive?And what do you consider could be done to increase this awareness?

11. What do you consider to be the level of insurers' awareness of the Environmental Liability Directive?And what do you consider could be done to increase this awareness?

Chapter 3:Demand for a fund / risk pooling scheme

12. Do you consider that a fund or risk pooling scheme could assist in covering environmental (and other) damage and losses resulting from an accident involving pollution?

  • Yes
  • No

13. Do you consider that such a fund / risk pooling scheme should be voluntary or mandatory?

  • Mandatory
  • Voluntary

14. Do you believe such a voluntary or mandatory scheme would increase the likelihood that companies would carry out actions to prevent pollution?

  • Yes
  • No

Chapter 4:Requirements for the design and development of such a fund / scheme

15. Do you believe that a fund, if it was to be established, should be sector-specific or should it be wider in nature?

  • Sector-specific
  • General

16. Do you believe such a fund, again if it was to be established:

  • shouldbe EU-wide?
  • should there be several regional funds which would together cover the whole EU?
  • should there be sectoral funds?

17. What do you consider should be the threshold level at which such a fund or risk pooling scheme responded to an accident involving pollution?

  • €1 million
  • €10 million
  • €100 million
  • Other :

18. Who do you believe should manage such a fund or risk pooling scheme if it was to be established?

  • the EU
  • Member States
  • Other :

19. What would be the most efficient way of raising resources?

  • contributions to a fund depending on risk indicators
  • voluntary contribution to the fund
  • mandatory contribution to the fund
  • Other :

20. Which liabilities should be covered by a fund or risk pooling scheme if it was to be established?

  • environmental damage liabilities
  • traditional damage liabilities
  • both environmental and traditional damage liabilities
  • Other :

21. If you have any further suggestions or comments on development of a fund or a risk-pooling scheme to address environmental liabilities, please use the field below to explain your views.

Chapter 5:Your contact information

Please would you complete your contact details below (this is for the project team to keep track of respondes and will not be published in the report):

Name*

Organisation*

Function*

Short description of the organisation*(e.g. type of activity, sector, size, geographical location)

Email address*

Telephone*

Thank you for your contribution!

Bas du formulaire