IISA: Rising Natural Catastrophe Losses and Reinsurance Implications

Join this insightful session presented by Adeyemi Kehinde as he delves into the rising natural catastrophe losses driven by climate change and urbanization. These challenges are placing significant strain on insurers and reinsurers, leading to higher claims and increased volatility. In response, reinsurers are adapting by implementing stricter terms, raising premiums, and leveraging alternative capital sources such as catastrophe bonds. The session will also highlight the critical need for enhanced climate risk modeling, sustainable practices, and collaboration between insurers, governments, and stakeholders to foster resilience and effectively manage future risks.