International Journal of Environmental Science and Development

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Volume 8 Number 5 (May 2017)

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IJESD 2017 Vol.8(5): 359-365 ISSN: 2010-0264
doi: 10.18178/ijesd.2017.8.5.978

Analyzing Strategic Factors Associated with Issuance of Environmental Liability Insurance Policy in Developing Countries using SWOT and QSPM

Mahnaz Mirza Ebrahim Tehrani
Abstract—In recent years, environmental pollution is one of the most commonly discussed topic in international scene. Environmental pollution and its associated aspects are not limited to the location of occurrence, but inevitably influence other regions too; as it says: "There is one earth for all". In other hand Environmental pollution is one of the most commonly discussed topics in today's national and international political societies in which increasing efforts are being made. Environmental pollution and its associated aspects are not limited to location of accident but inevitably influence other regions. Emission of carbon dioxide into the atmosphere or transfer of nitrates, and other hazardous chemicals into the rivers, seas and ocean waters can suggest such claim. Due to the lack of associated rules, criteria and regulations for issuance of environmental liability insurance, QSPM (Quantitative Strategic Planning Matrix) technique was applied in this study to introduce strategic factors required for such analysis. There are ten integrated strategies. The essential strategy is using legal tools to assess environmental risks in different industries. Results show that we need raising awareness of environmental accidents outcomes, which is concerned by insurance companies at developing countries.

Index Terms—Environmental pollution, hazard, QSPM, Internal and external factors, SWOT.

Mahnaz Mirza Ebrahim Tehrani is with Islamic Azad University, Iran (e-mail: tehrani.mah@gmail.com).

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Cite: Mahnaz Mirza Ebrahim Tehrani, "Analyzing Strategic Factors Associated with Issuance of Environmental Liability Insurance Policy in Developing Countries using SWOT and QSPM," International Journal of Environmental Science and Development vol. 8, no. 5, pp. 359-365, 2017.