Future-Proofing Risk Models

The video discusses the importance of understanding and preparing for systemic and emerging risks, particularly in the context of climate and sustainability. It highlights survey findings on organizational resilience, challenges in climate modeling, and the insurance industry's role in addressing climate risks. The video also covers insurers' net zero commitments, evolving coverage needs, innovation in insurance products, regulatory developments, and the impact of climate on supply chains. It emphasizes the need for integrating ESG into risk management and the importance of regulatory compliance.

What are the implications of climate change on supply chain vulnerabilities?

What questions should board members ask regarding sustainability and climate risk?

What are the potential benefits of aligning ESG metrics with business strategy?

How should companies approach the integration of climate risk into their overall risk management strategies?