Economic Outlook 'Not so Rosy': Swiss Re's Ermotti

The video discusses the volatility in the reinsurance industry, influenced by events like COVID and the Ukraine war. It explores the impact of oil embargoes and inflation on claims, and the industry's approach to risk scenarios. The discussion extends to pandemic preparedness, changes in risk perception, and the role of blockchain in insurance. It highlights the significant insurance gaps worldwide and their contribution to global inequality. Finally, it addresses sustainability efforts within the insurance sector, aiming for carbon neutrality by 2030.

What are the challenges mentioned regarding the insurability of risks worldwide?

What role do private and public partnerships play in addressing insurance gaps?

How does the insurance industry plan to address sustainability and manage dirty assets?