Insurers Expertise, Data, Capital to Play Role in Mitigating Global Disaster Risks
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The insurance industry's experience and expertise is being called on to assess and mitigate the effects of global natural catastrophes. In this interview Magareta Wahlström, the UN Secretary General's special representative for disaster risk, and Rowan Douglas, Willis CEO for capital, science and policy, who also heads the Willis Research network, explain how the years of claims handling experience, the data the industry has collected and the expertise it uses to model catastrophe risks can be put to use to meet the challenge of climate change and natural disasters.