Following the recent catastrophic flooding in Germany, Switzerland and Belgium, as well as the devastating wildfires ripping through parts of Southern Europe, we examine these events in relation to climate change and the socio-economic factors driving the losses from these unmodelled occurrences.
“I believe the modelling for secondary perils is significantly more difficult than the one for primary perils like earthquakes, hurricanes and windstorms”
During an insightful interview, we discuss:
- Are these events all down to climate change?
- Other factors that drive the increase in losses from secondary perils
- How well the insurance industry is dealing with the challenges posed by climate change and emerging secondary perils
- How the industry can utilise technology, data and analytics to speed up loss assessments
More exclusive content and video interviews with industry experts are coming soon on theinsurer.com/tv - stay tuned!