I'm proud to be joining ClimateWise's new Insurance Advisory Council today. The Council will provide a regular forum for the global insurance industry and its regulators to work together to identify where insurance can support other parts of the financial system to tackle climate risk. To quote ClimateWise Chair, Maurice Tulloch "The insurance industry has a collective responsibility to become more systemic in our response to climate risk across the global financial system."
Swiss Re has, as a company, actively pioneered insurance' response to Climate Change for close to two decades. We see what's happening with weather patterns across the world. And there's really no time to waste. It's essential that we as an industry join forces with governments and regulators make sure the transition to a zero carbon emission, climate resilient world becomes a practical reality. And soon!
Category: Climate/natural disasters: Climate change