For all industries, the effects of climate change are an existential threat. The insurance industry being no exception, Founded on the ability to understand risks and find solutions to manage them, the insurance sector has rarely been unsettled by emerging risks and trends in the industries they underwrite. Climate change is no different for insurers, presenting both challenges and opportunities. However, with a full understanding of the impact of climate risk on corporate performance still in its infancy, a widespread and long-term action plan is needed across society.
Given their role as risk managers, risk carriers, and investors, in addition to considering their own firms’ responses to the transition to a net zero economy, insurers should be well-placed to influence how others respond to the challenges faced and accelerate positive outcomes.
Join a panel of PwC experts from the Strategy&, Tax, Assurance & Reporting, and Regulatory lines of service, discuss how climate risks are currently impacting the insurance industry, and the unique challenges and opportunities this presents.
Topics will include:
• What are the key climate risks and opportunities currently facing insurers?
• How are Insurers adapting their strategic and operational models to take account of climate risk?
• What impact is regulation having and what can insurers expect in the future with respect to reporting on climate risk?
ISC Broadcasts are an opportunity to learn from industry leaders. This style of event will NOT require you to participate with video and audio. There will be a Q&A throughout but it will be done via the chat.