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.
As inflation, the war in Ukraine, climate change, and the lingering effects of the pandemic continue to cause problems for global supply chains, insurers and their clients are likely to come under increasing pressure to reconsider long-established methods of procurement and delivery.
