The opportunities of insurance against current risks in tourism

Radosavljević, Katica and Mihailović, Branko and Popović, Vesna (2022) The opportunities of insurance against current risks in tourism. In: Development of modern insurance market : constraints and possibilities. University of Belgrade, Faculty of economics and business, Publishing centre, Belgrade, pp. 415-438. ISBN 978-86-403-1739-9

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Abstract

The importance of this subject to the current moment is further confirmed by the fact that the Global Sustainable Tourism Council has determined the criteria for destinations by analysing the performance indicators and the goals of sustainable development. In December 2019, the Board of Directors of the Global Sustainable Tourism Council adopted the criteria and the indicators pertaining to climate change. The recommendation is to adapt to climate change by identifying risks and opportunities related to a certain destination. The strategies for adapting to climate change are also applied to the positioning, design, development and management of tourist facilities. In order to raise awareness, residents, companies, and visitors are all provided with information about the predicted changes in climate, associated risks, insurance, and future conditions.

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