The effects of climate change can already be felt today. Developing countries are especially affected by impacts such as drought, flooding and other extreme weather events. But also developed countries will need to better anticipate the upcoming risks. The insurance industry as professional risk manager can play an important role in supporting the assessment and reduction of these risks, as well as the transfer of these risks to capital markets via insurance solutions.
At Allianz, several departments are working towards integrating climate change aspects in our insurance business. You will be introduced to colleagues from Allianz Climate Solutions, Allianz Re Cat Research and Development Department, and Allianz Group Corporate Responsibility.