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In this Insurance Institute of London (IIL) London Market lecture Ekhosuehi Iyahen will give a greater insight into the work of the Insurance Development Forum (IDF) and the efforts to close the protection gap and the role of insurance in supporting resilience to climate change.
Insights and lessons learned will also be shared into experiences into structuring such public-private partnerships to tackle this issue and particularly in the context of developing countries/emerging markets where the protection gaps are significant.
Economic and humanitarian risks associated with catastrophic weather and climate-related hazards are increasing, representing a major challenge to global resilience, particularly in middle/low-income countries.
By the end of this lecture members would have gained and insight into:
• The IDF, its mandate and what it has been established to do
• Key areas where the insurance industry can make an active contribution towards supporting greater resilience
• Some of the lessons that have been learned from implementation
Clare Lebecq, CEO, London Market Group