Coping with catastrophe

Reinsurance leaders Nikolaus von Bomhard, CEO of Munich Re and former chairman of economic think-tank the Geneva Association (GA), and Michael Butt, former chairman of Axis Capital, were joined by Margareta Wahlström, special representative of the secretary general for disaster risk reduction, at a press conference on behalf of the GA in London, to voice their opinions on how reinsurance leaders could help governments change the way that disaster risk management is carried out, reducing damage to local economies and fatalities.