Yasir Kaheil

Extreme weather events and climate patterns are reshaping risk models and causing insurers to rethink traditional approaches to underwriting and coverage. This panel brings together industry leaders to explore the implications of these increasingly complex threats to insurance. We will also discuss emerging solutions that are evolving to meet these needs such as parametric insurance, integrating new sources of climate and catastrophe data, and collaborating across stakeholders to stay ahead of exposures that traditional approaches may overlook. Attendees will gain insights into how organizations are rethinking their approaches to address the next major event. The discussion will provide guidance on building foundational practices that prepare your organization for the evolving risk landscape, including:

• Developing enhanced risk assessment models that integrate climate science, new data sources, and catastrophe insights
• Implementing cross-functional strategies to align underwriting, claims, and risk management teams
• Leveraging parametric insurance and emerging technologies to create faster, more transparent risk transfer solution
• Collaborating with regulators, reinsurers, and community partners to share insights and strengthen resilience
• Creating flexible policies and products that address new risk realities while maintaining profitability