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SUMMARY:How climate risk is impacting Australian insurance markets
DESCRIPTION:Presenters: TBC \nWith insurance affordability in the spotlight across many classes\, climate issues are adding extra pressure today and are also likely to drive uncertainty in claims costs and insurance markets going forward. For MGAs\, this presents both challenges and opportunities: navigating capacity provider expectations\, responding to reinsurance market shifts\, and ensuring underwriting and pricing approaches remain sustainable and competitive. Underwriting agencies also play a key role in supporting brokers and distribution partners in explaining changing risks and premium movements to customers. \nThis session will enable underwriting agencies to get up to speed on climate risk and its impacts on their relationships with insurers and capacity providers. \nLearning Objectives: \n1. Increase the depth of participants’ familiarity with some key parts of the National Climate Risk Assessment and National Adaptation Plan and current and future potential impacts on insurance markets\n2. Increase the depth of participants’ familiarity with the key parts of mandatory climate-related financial disclosures\, who is impacted directly\, what needs to be disclosed and how it is likely to impact insurance markets \nRegistration: Microsoft Virtual Events Powered by Teams
URL:https://uac.org.au/event/how-climate-risk-is-impacting-australian-insurance-markets/
CATEGORIES:Education & Training
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