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SRI Conference on Sustainable, Responsible, Impact Investing October 4, 2012 Batten Down the Hatches: Is the Insurance Industry Ready for Climate Change?

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Presentation on theme: "SRI Conference on Sustainable, Responsible, Impact Investing October 4, 2012 Batten Down the Hatches: Is the Insurance Industry Ready for Climate Change?"— Presentation transcript:

1 SRI Conference on Sustainable, Responsible, Impact Investing October 4, 2012 Batten Down the Hatches: Is the Insurance Industry Ready for Climate Change?

2 Panelists Mark Way, Director Sustainable Development Americas, Swiss Re Michael Cohen, Vice President of Government Affairs, Renaissance Reinsurance Chris Young, Director, Americas Climate Change and Sustainability Services practice, Ernst & Young Cynthia McHale, Director Insurance Program, Ceres Moderator

3 Insured catastrophes, 1970 - 2011 Source: Swiss Re, Sigma

4 Global Weather Losses Note: Loss amounts indexed to 2012 Source: Swiss Re, sigma Weather losses 1990 -2011, in USD million


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