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Climate change : 90 of the largest insurers of the world gathered together in Toronto

by

Justine Montminy

September 4, 2018 11:30

Photo : Ben White (Unsplash)

Intact financial Corporation and Sun Life Financial will host an international forum on infrastructure resilience to climate change, organized by theGeneva Association, which brings together 90 of the largest insurers in the world.

Entitled ” Pathways to Climate-Resilient Decarbonized Critical Infrastructure in the 21 st Century, the forum will be held in Toronto on 18 September.

Resilience has been put forward

The discussions will focus on the critical infrastructure, the priority to be given to the reduction of the effects of climate change and adaptation, the challenges and opportunities caused by the intensification of private investments related to the resilience to climate change, and the role insurers have to play as providers of insurance, risk managers and investors.

“The economic resilience passes through the resilience to climate change. Since the 80s, the damages insurable in Canada have more than doubled every five to ten years. We need to build our communities in the right way from the beginning, in order to ensure a prosperous future for all “, said the chief executive officer of Intact, Charles Brindamour.

Many speakers expected

Many speakers are expected for the event. It is expected, among others, Patricia Espinosa, executive secretary of the framework Convention of United Nations on climate change ; Joaquim Levy, chief executive officer and chief financial officer of the world Bank Group, Masamichi Kono, deputy secretary-general of theOECD, Mami Mizutori, under-secretary general and special representative of the secretary-general of the United Nations for disaster risk reduction, and Tiff Macklem, chairman of the expert group on sustainable financing and the dean of the Rotman School of Management, and Pierre Lavallée, president and ceo of the Bank of Canada’s infrastructure.

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