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Press Release: Geneva Association calls for Integrated Approach to Managing Extreme Events and Climate Risks
- 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 Global Insurance Protection Gap: Assessment and Recommendations
This report presents an overview assessment of the current state of underinsurance in non-life, life and pensions insurance. It also proposes specific actions by the insurance industry in collaboration with governments that can help close the protection gap and thereby add to their contribution to economic development.
An Integrated Approach to Managing Extreme Events and Climate Risks
This report provides insights about the causes and effects of mounting social and economic risks, analyses the obstacles to fully capturing the insurance industry’s potential and makes concrete recommendations on how to overcome some of these hurdles.
The Stakeholder Landscape in Extreme Events and Climate Risk Management
A concise map of key stakeholders and ongoing global initiatives in extreme events and climate risk management.
COP21 Paris Agreement: What Does It Mean for the (Re)insurance Sector
This paper analyses the relevance of the COP21 Paris agreement outcomes for the (re)insurance industry.
Insuring Flood Risk in Asia's High-Growth Markets
The rapid population and economic growth in Asia is exacerbating an already significant protection gap in the region. In this report, The Geneva Association focuses on flooding, arguably Asia’s biggest and most complex exposure in the long run.
Risk Management of Emerging Pandemics
Article from Health and Ageing No. 32. Gordon Woo reflects on the risk management of pandemics and the contribution of insurance in that respect.
The Climate Risk Statement of The Geneva Association
The Geneva Association's Climate Risk Statement is a set of guiding principles on the substantial role insurance can play in global efforts to tackle climate-related risks.
The statement was signed by 66 Chief Executives of the world's leading insurers at The Geneva Association's General Assembly in Toronto, Canada, on 16 May 2014.
Read the Press Release: Leading insurance CEOs Confirm The Geneva Association's Climate Risk Statement
