Moreover, insurance is a means for the financially weak partner to get access to otherwise not readily available, independent risk assessment by tapping the resources and expertise of insurance companies. The costs of insuring risks are an important form of advance information for producers and consumers alike. Thus, insurance is a market mechanism for internalizing the precautionary approach. However, liability and the obligation to insure have to be politically fought for and legally claimed by those who are risking to suffer the damage. They are usually not promoted by those who are risking to cause the damage.
Global market means internationalization of risks.