11:30 - 12:30

Session 2B

Investing & Insuring for Resilience

- Managing Risks & Redirecting Capital into Resilience Enhancing Investments

Traditional response to rising levels of risk – to re-price, withdraw or transfer exposure to others – will
always remain a central feature of how insurance manages its risk pools. However, society will struggle to reduce the climate risk protection gap – the growing divide between total economic and insured losses – if the insurance industry’s response to climate change is limited to avoiding, rather than managing the risk. This session will explore how managing societal resilience to climate change will therefore become more important as exposure intensifies.

Speakers:

 

Michaela Koller (moderator)

General Director, Insurance Europe

David Howden (keynote)

CEO, Howden Group

Andy Bord

CEO, Flood re

Michael Szoenyi

Flood Resilience Programme Lead, Zurich Insurance Company Ltd.

Jon Wood

Senior Client Manager and Reinsurance Broker, Aon

Astrid Zwick

Head of Secretariat, InsuResilience Global Partnership