- Disaster loss events are on the rise. Of those 91% were caused by weather-related extremes (1980-2015). These weather–related extremes caused the loss of more than 600,000 lives and more than USD 3 trillion in total economic losses
- Detailed independent analysis and research shows that countries with a robust penetration of market-based disaster insurance coverage recover faster from the financial impacts of extreme events
- (Re)insurance has become a key element of UN and governmental strategic disaster risk reduction efforts (e.g. the Sendai Framework for Disaster Risk Reduction and COP21 Paris Agreement)
- But strategic alignment of priorities and cooperation at the industry level along with effective partnerships with the public sector, the scientific community, IGOs and NGOs will be fundamental to increasing the vital contribution insurance can deliver
You can read the full report online:
An Integrated Approach to Managing Extreme Events and Climate Risks - Research Report
Access a brief 4-page summary:
Report Summary: An Integrated Approach to Managing Extreme Events and Climate Risk
Or watch Dr Maryam Golnaraghi discuss the implications of the report:
Dr Maryam Golnaraghi discusses An Integrated Approach to Managing Extreme Events and Climate Risks
