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.
The hard insurance market appears to be softening, with Airmic’s latest pulse survey identifying signs of ‘green shoots’ as the pace of rate increases slows
2022's Airmic ERM (Enterprise Risk Management) Forum held in London, provided risk professionals a networking platform to explore trends that are reshaping the enterprise risk management landscape, such as the impact of geopolitical tensions on supply chains as well as the increasing threat of cyber attacks as our world becomes more interconnected.
Airmic’s latest survey has identified that climate risk is not being prioritized among its members and that risk professionals are more concerned with managing severe short-term risks, such as flooding and tropical cyclones than the long-term impact of climate change.
