Ep. 141 - A Call to Action: Addressing Natural Catastrophe Protection Gaps

The world's most economically vulnerable populations are frequently impacted by natural catastrophes (NatCats).The International Association of Insurance Supervisors' (IAIS) recent report, A call to action: the role of insurance supervisors in addressing natural catastrophe protection gaps, outlines actions insurance supervisors can take.The speakers discuss key takeaways from the report including:How closing the protection against gap for natural catastrophes could improve financial stability, particularly for emerging markets and developing economiesThe importance of improving consumer financial literacyCreating an enabling regulatory and supervisory environment to expand access to affordable insurance productsRead our Climate and Biodiversity Loss Risks Toolkit to learn more.Speaker: Jacqueline Friedland, Executive Director, Risk Assessment and Intervention Hub, Supervision Sector, Office of the Superintendent of Financial Institutions (OSFI), Vice Chair, Protection Gap Task Force, International Association of Insurance Supervisors (IAIS)Host: Anatol Monid, Senior Director, Programs, Toronto CentreRead the transcript here. Read their biographies here. https://www.torontocentre.org/