Property and casualty (P&C) insurers play a critical role in supporting resilience and recovery, but growing exposure and vulnerability at the property and local levels are influenced by the decisions of various stakeholders across society. Increasingly, insurance availability and affordability are challenged by insufficient risk-reduction efforts and regulatory pricing constraints.
This webinar explored the importance of risk-based insurance pricing, how stakeholder actions can make an impact, and a two-tiered approach to boosting resilience: scaling proven local measures through an all-of-society effort, and making structural changes, in particular in valuation and mortgage systems, to incentivise behavioural change.
