We were pleased to host an exclusive Swiss Re Global Claims webinar – Natural Catastrophe - The next chapter in the pursuit of disaster inflation resilience. As insured losses from natural catastrophes show a long-term trend of 5-7% growth annually, the session explored several pressing questions, including:
- What if Hurricane Katrina hit today? 20 years of collective learning and yet would some things still be the same?
- How do secondary perils like severe convective storms including hail, flood or bushfires add to the loss burden?
- Why is there a realistic 1-in-10 chance for the global annual Nat Cat insured loss to exceed 300 billion USD in 2025 (double the trend)?
- What is needed to continue to sustainably provide cover for natural catastrophes?
- What solutions do Swiss Re and society at large hold in store to address the threats?
As we find ourselves in the boiling water, find answers as to how to best model, underwrite and prepare for the increasingly frequent and severe Nat Cat exposure. Learn how to build resilience to your own companies and society at large.