Live Twitter Q&A: Discuss urban resilience with our climate experts on 20 August

Ahead of Climate Week NYC, which Swiss Re organizes each year in partnership with The Climate Group, Swiss Re’s David Bresch and Andreas Spiegel will hold a live Twitter Q&A on 20 August on urban resilience, discussing what it means to countries, industries and communities.

For the first time in human history more people live in cities than in rural areas. The UN expects 6.3 billion people or 68% of the world’s population to be living in urban areas by 2050, with the highest increase occurring in high growth markets. Many of these cities are located on coastlines and are threatened by floods, storms, earthquakes and other natural hazards.

High loss potential

The vibrancy of these cities is a key driver for economic development. However, the growing concentration of people, values and infrastructure also means that the loss potential in urban areas is high and rising. At the same time the gap between economic and insured losses is large because insurance penetration is relatively low and city infrastructure often not insured at all. Another reason is that the risk exposure faced by the world’s metropolitan areas remains underexplored, largely due to the lack of detailed hazard information and poor data quality.

As a market leader in re/insurance solutions, Swiss Re partners with businesses, governments and civil society to strengthen the resilience of local communities and protect them against the risks in a changing climate. David Bresch, Head Sustainability and Political Risk Management, and Andreas Spiegel, Senior Climate Change Adviser, will be live on Twitter to answer your questions on urban resilience and how we as a global re/insurer help to promote climate-resilient development around the world.

What's on your mind?

Join us on Tuesday, 20 August from 15:00 to 16:00 p.m. CET (14:00 to 15:00 GMT) for our live Twitter session. It forms part of The Climate Group's outreach campaign Clean Revolution and aims to mobilize leadership on topics in focus at the upcoming Climate Week NYC.

To participate in this event, tweet your questions  to @DavidBresch and @AndreasSpiegel1 or to @ClimateGroup using the hashtag #CWNYC.

The fifth annual Climate Week NYC happens 23-30 September 2013.

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