The insurance industry knows the most about risk, yet it has an issue with risk. Insurers should be experimenting all the time while protecting their core assets and business.

This interview was conducted on the sidelines of the 2019 General Assembly in Buenos Aires.

Data is a big opportunity for insurers to build customer trust through empowerment and transparency.

This interview was conducted on the sidelines of the 2019 General Assembly in Buenos Aires.

Developing and scaling up the integration of the next generation of risk models requires cross-sectoral collaboration, and the insurance industry plays a critical role as risk managers and investors. This was a key takeaway of The Geneva Association's 2019 Climate Change Forum held 11–12 July in London, sponsored by Tokio Marine Holdings.

Discussions at The Geneva Association’s 46th Annual General Assembly, held 29–31 May 2019 in Buenos Aires, pointed to abundant opportunities for the re/insurance industry to demonstrate its core purpose: to help people and businesses face the burden of unexpected risks and help economies and societies prosper.

Maryam Golnaraghi, Director Climate Change and Emerging Environmental Topics, recently spoke with Sarah Lawrynuik of the Canadian Broadcasting Corporation (CBC) about insurance responses to extreme weather events:

Applying behavioral economics can help reduce the enormous barrier to people buying insurance – their cognitive biases – that causes the protection gap.

This interview accompanies the research report Underinsurance in Mature Economies: Reasons and remedies. It was conducted on the sidelines of the 46th Annual General Assembly in Buenos Aires.

Insurance protection gaps in mature markets could be narrowed by reinforcing trust in insurers, reveals a survey commissioned by The Geneva Association. The research report Underinsurance in Mature Economies: Reasons and remedies distils a number of takeaways from the survey's results and proposes a framework of five factors that influence underinsurance: institutions, sociodemographics, economics, behavior and culture.