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.