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Climate of Change

Why we need to increase the awareness for changes

Climate and Property/Engineering / Online seminar

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    February 20 - February 20 2025
    Online seminar, 09.00 a.m. - 10.00 a.m. (CET)

    Save the Date

    Duration: 60 minutes

    General description

    Changes in the climate we operate in, the ongoing energy transformation we are just starting in order to limit the effects of climate change, and rapid advancements in information technologies are all topics that our sector has to deal with. Our experts will use examples from the insurance industry to show what ignoring change can lead to, and why professional risk analysis is now more important than ever.

    Contents

    • Changes as a major contributor to (insured) losses
      Well-known loss examples from the insurance industry show that ‘change’ can be a major contributor to severe incidents. In many cases, people struggle with detecting changes to begin with.
    • Decades of massive change on the horizon
      Regardless of where society finds the balance between efforts to reduce climate change impacts and to combat climate change itself – both will mean massive changes for our sector and for people around the globe.
    • Impact of the Energy Transformation
      The transformation of the energy industry is one example that vividly demonstrates the upcoming changes.
    • How we deal with changing risks
      The insurance industry has traditionally looked backwards to create statistics, which are then used to assess risk and premium levels. But this model’s value could become questionable if, due to the massive changes, looking backwards no longer tells us anything about expected future losses.
    • Conclusion

    Level

    Target group

    All

    Language

    English – professional business English skills required

    Registration process

    Our seminars are provided to our most valued clients only. If you are interested in participating, please get in touch with your client manager or responsible underwriter at Munich Re.

    Date

    20 February 2025, 09.00 a.m. (CET)

    Deadline for registration

    19 February 2025