“Navigating the landscape of green insurance: A bibliometric perspective’’

Abstract

In response to escalating environmental challenges, the insurance sector has emerged as a crucial player in advancing sustainability by addressing climate risks and promoting environmentally responsible practices. This study provides a comprehensive bibliometric analysis of the evolving landscape of green insurance, offering a detailed examination of scholarly publications indexed in the Web of Science database between 2001 and 2023(May). By employing bibliometric tools within RStudio, the research identifies key contributors, maps thematic trends, and highlights emerging areas of interest within this growing field. The findings reveal a 10.22% annual growth rate in publications, reflecting increased global interest in green insurance. Key themes include ESG integration, climate risk management, renewable energy insurance, and carbon credit mechanisms, showcasing its alignment with sustainability goals. Regional disparities are evident, with China leading in publication volume but the Netherlands achieving greater global impact through international collaborations. Technological advancements, such as blockchain and AI, also feature prominently, highlighting their potential to transform risk management and transparency in insurance practices. The study identifies critical gaps in consumer behavior research, policy impact assessments, and green insurance applications in developing economies. These insights provide a foundation for future research and practical innovations aimed at enhancing green insurance’s role in mitigating environmental risks and fostering sustainable development. This study offers valuable guidance for academics, practitioners, and policymakers, contributing to the development of effective insurance solutions to address global environmental challenges.