GARP Budapest Chapter Meeting

GARP Budapest Chapter hosted in association with Hungarian Actuarial Society

Natural catastrophes are becoming more frequent, more severe, and more costly. From devastating wildfires and hurricanes to unprecedented floods and earthquakes, the impact of these events extend far beyond human and environmental tolls, they shake financial systems and test the resilience of the insurance sector too. 

Join the GARP Budapest Chapter for an online discussion among industry experts as they examine more specifically how physical risks are evolving across the continent, with insights into regional vulnerabilities and adaptation strategies, as well as how the insurance market has responded to these events. We will also examine expected changes in regulatory requirements as well. 

Key topic we'll cover include:

• How physical risks are evolving across Europe, with insights into regional vulnerabilities and adaptation strategies.
• How insurance experts are adjusting underwriting practices, pricing models, and portfolio exposures in response to climate change.
• Understand how European regulators are directing the insurance market to incorporate sustainability considerations into their insurance operations, with particular regard to climate change and environmental risks.