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Does the re/insurance industry have the resilience and resources to help bridge the protection gap around flood risk? Maybe—if it works with government and other stakeholders towards building more integrated insurance solutions. Intelligent Insurer reports.
The re/insurance industry has the power to effectively mitigate global flood risk—if it works closely with governments and other key stakeholders.
This was one of the main takeaways from a panel discussion “Plugging the flood gap: risks and opportunities for re/insurers”. The discussion took place on Intelligent Insurer’s Re/insurance Lounge, an online platform where interviews and panel discussions are available on demand.
The event featured Maryam Golnaraghi, director, climate change and emerging environmental topics, The Geneva Association; Steve Bowen, director & meteorologist, head of catastrophe insight, impact forecasting, Aon; Matt Junge, head property solutions US & Canada, Swiss Re; Avi Baruch, chief operating officer, Previsico; Nigel Brook, partner, Clyde & Co; and David McNeil, associate director, sustainable finance, Fitch Ratings.
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