Climate Risks – cancelled

Awareness raising, risk identification, measurement and management

November 10 - November 12 2020
Munich Re training centre, Munich

Save the Date

General description

The focus of this seminar is on climate change and its physical impact on natural hazards and extreme weather events. What losses result from natural disasters, and what special characteristics may be expected in individual regions? How does climate change affect the modelling of natural hazards and pricing, and what does this mean for product development?

Based on the current status of climate research, and using the Munich Re natural hazard database, participants discuss the consequences for their own product portfolio and product development, as well as other topics such as investment strategy and sustainability reporting.

Content

  • Trend in losses from natural hazards, current status of climate research, different types of climate risk (physical, transitional, liability)
  • Physical effects of climate change, particularly on natcat modelling and pricing
  • Workshop on climate risk analysis (risks today, future risks, portfolio optimisation)
  • Aspects of climate reporting in accordance with the specifications of the Task Force on Climate-related Financial Disclosures (TCFD), and the implications for regulatory requirements, political targets, and their relevance for the insurance industry.
  • Discussion with Munich Re experts on the influence of climate change that is already apparent today, and on alternative products and new products
  • Scope and dimension of current climate liability suits, as well as transition risks in insurance and investment
  • Munich Re’s sustainable investment strategy, implementation of the ESG (environment, social, governance) criteria into our processes (e.g. underwriting) and climate reporting
  • One-day excursion: Insight into a weather and climate measuring station.

Level

Target Group

Middle management/senior positions with more than 3 years’ professional experience. Mainly risk managers or sustainability managers; also investment officers, natcat modellers.

Language

English – Professional business English skills required

Location

Munich Re training centre, Munich, Germany

Date

10–12 November 2020

Deadline for registration

31 July 2020
We use cookies on our websites to improve your experience as an internet user, and to optimise our online services. They comprise cookies that are required for technical purposes, and without which the website functionality could not be guaranteed. We also employ cookies to carry out statistical evaluations of the reach of our websites. These evaluations are anonymised. You can find further information on the cookies we use, and ways to object to the use of cookies for statistical evaluations, in our cookie guidelines.