Jérôme Haegeli, Swiss Re’s Group chief economist, explains why the outlook is good for P&C insurance and how climate change is a huge opportunity for the industry.
The growth of secondary perils is driving the need for improved risk management, but also creating opportunities for insurers, said Nikhil da Victoria Lobo, head Western & Southern Europe, Swiss Re.
In Germany, not even half of homeowners have flood insurance, a protection gap that Swiss Re would like to close, said Beat Kramer Mölbert, head of property underwriting EMEA, Swiss Re.
Valuing intellectual property and tackling the risk of climate change will provide plenty of opportunity for insurers and reinsurers to work with business and government, says Joe Monaghan, Aon’s recently appointed Global Growth leader.
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