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)
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General description
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
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Date
20 February 2025, 09.00 a.m. (CET)
Deadline for registration
19 February 2025