Chapter 2. Nanotechnology and the Two Faces of Risk from a Reinsurance Perspective

  1. Nigel M. de S. Cameron Ph.D. Director President Research Professor Associate Dean2 and
  2. M. Ellen Mitchell Ph.D. Director Senior Fellow Fellow3
  1. Annabelle Hett Ph.D Head

Published Online: 22 JAN 2007

DOI: 10.1002/9780470165874.ch2

Nanoscale: Issues and Perspectives for the Nano Century

Nanoscale: Issues and Perspectives for the Nano Century

How to Cite

Hett, A. (2007) Nanotechnology and the Two Faces of Risk from a Reinsurance Perspective, in Nanoscale: Issues and Perspectives for the Nano Century (eds N. M. d. S. Cameron and M. E. Mitchell), John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9780470165874.ch2

Editor Information

  1. 2

    Center on Nanotechnology and Society, Illinois Institute of Technology, Chicago, Illinois, USA

  2. 3

    Institute of Psychology, Illinois Institute of Technology, Chicago, Illinois, USA

Author Information

  1. Emerging Risk Management at Swiss Re. Based in Zurich, Switzerland

Publication History

  1. Published Online: 22 JAN 2007
  2. Published Print: 10 AUG 2007

ISBN Information

Print ISBN: 9780470084199

Online ISBN: 9780470165874

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Keywords:

  • nanotechnology and two faces of risk;
  • future technologies - “optimize” natural processes;
  • risk assessment challenge

Summary

This chapter contains sections titled:

  • Introduction

  • The Different Approaches to Risk

  • A New Kind of Risk

  • No Future Without Risk

  • Risk is Knowledge of Possible Losses

  • Insurance is No Substitute for Safety

  • Warn Earlier, React Faster

  • Prophecies of Doom are of Little Use

  • Risks are a Matter of Definition

  • Many Causes, Many Perpetrators, No Liability?

  • What to Believe—or Whom to Believe

  • Faint Signals?

  • The Challenge of Risk Assessment

  • Public Perception of Risk

  • Fright Factors

  • Better Safe than Sorry

  • Toward Sustainability

  • Bibliography