COVID-19 conversations: a message from Jad Ariss, Managing Director

Our thoughts are with those who have lost a loved one to COVID-19, with those who are infected and are suffering from it, as well as with all the medical staff – doctors, nurses – who are fighting so courageously, sometimes at the expense of their own health.

Our thoughts are also with all the people who continue to be working on the ground to make sure that our societies continue to function and that people’s basic needs are being met.

In this time of great uncertainty, insurance companies worldwide are fully mobilised to support their customers.

COVID-19 conversations: the health & ageing dimension

COVID-19 is affecting health at multiple levels, beyond the direct effects of infection.

Adrita Bhattacharya-Craven, Director Health & Ageing, discusses how the insurance industry can help society cope with the realities and aftermath of the pandemic.

This is the second video in our series #COVID19conversations #GAHomeOffice2020.

Remembering Orio Giarini, founding Secretary General of The Geneva Association

The Geneva Association mourns the passing of Orio Giarini, Secretary General of our organisation from 1973–2000, who died on Friday, 28 February 2020 in Trieste, Italy at the age of 84.

Orio will be remembered as a passionate and energetic leader and thinker, full of forward-looking ideas on the role of insurance in the economy and society and sustainable development. It was he who conceived, together with Fabio Padoa Schioppa, Raymond Barre and a small group of insurance executives, to establish The Geneva Association as a think tank devoted to the study of risks and insurance.

Promoting Responsible Artifical Intelligence in Insurance

The use of artificial intelligence (AI) in insurance can bring economic and societal benefits by lowering insurance costs and helping insure more people. The Geneva Association analysed a selection of the many ethics guidelines issued by governmental and non-governmental organisations and private companies. Of the five core principles for the responsible use of AI identified, this report takes a close look at two—1) transparency and explainability and 2) fairness—that are particularly complex for insurers to interpret and implement.

Investing in climate-resilient decarbonised infrastructure to meet socio-economic and climate change goals

Infrastructure resilience is critical for countries to be able to cope with the effects of climate change, but sufficient investment is required. This research brief urges coordination among insurers as risk managers and investors, governments and other stakeholders in tackling the global infrastructure challenge.

Kai-Uwe Schanz Appointed Deputy Managing Director of The Geneva Association

ZURICH, 18 November 2019 – The Geneva Association, the global organisation of insurance and reinsurance Chief Executive Officers (CEOs) and leading think tank of the insurance industry, is announcing the appointment of Kai-Uwe Schanz as Deputy Managing Director and Head of Research & Foresight, effective 18 November 2019.

New Geneva Association and IFTRIP task force to address emerging cyber terror risks

The Geneva Association is lauching a joint task force on cyber terrorism and cyber warfare with the International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP). The special-purpose task force aims to conduct research on cyber terrorism risks across the re/insurance industry. Its initial findings will be published in mid-2020.

Obstacles to climate resilience | Fiona Cousins, Arup

On the mitigation side, benefits from reduced carbon emissions need to be monetizable so they can be invested in and included in ESG ratings; on the adaptation side, it needs to be clear what asset managers and insurers are protecting for.

Fiona Cousins, an engineer specialising in sustainable design, participated in an interview with the GA at the 2019 General Assembly in Buenos Aires.

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