Podcast: Climate Change and The Future of Insurance
This is a podcast with FutureBites, first published on 24th September 2023.
Insurance companies must deal with the financial realities of climate change, which is posing one of the most pervasive risks to our planet and prosperity. Reinsurers thus play a crucial role as shock absorbers for the industry although it should be noted that resources are finite.
In this FutureBites podcast with Dr Bruce McCabe, a futurist and keynote speaker who focuses on exploring pathways to a better future, Swiss Re CEO for Australia & New Zealand Trent Thomson discusses the factors contributing to cost and risk, the challenges of covering climate "hot spots", and the future role of reinsurers in providing risk data transparency to governments and communities.