Quantifying Climate Risk for Corporates and
One Form for Local and Global Policies
Quantifying Climate Risk for Corporates by Lasse Wallquist – from 16:00 to 16:30
Companies worldwide need to adapt to climate change and report on their physical climate risks. As an integral part of risk management, physical climate risk assessment enables companies to understand the effects of climate change on their physical portfolios – now as well as in the near-, mid- or long-term. By answering the following key questions, it can inform strategic planning and respond to emerging regulatory requirements:
- Which assets are most exposed? Which locations are at greatest risk of higher frequency and severity of damage and/or business interruption events?
- Which perils will drive future losses at specific locations?
- How will climate change impact a corporate’s specific expected losses?
- What should be included in the sustainability reporting to stakeholders, as per the Task force for Climate-related Disclosures (TCFD)?
- How can pre-and post-event solutions such as physical mitigation, risk pools or parametric approaches increase the resilience of climate risk exposed assets / locations?
ONE Form for local and global policies by Reto Collenberg – from 16:30 to 17:00
Have you ever experienced delays and contract issues when managing an International Program? Local compliance, policy documents issued after months and a claim in a non-English speaking Region occurred? ONE Form can offer increased contract certainty: higher policy accuracy, faster issuance, reduction in unexpected claims from local policies due to unclear content. Swiss Re Corporate Solutions can offer ONE Form: not just a wording but a fully integrated InsurTech solution able to bring your International Policy management to the next level.
