Reducing Risks in Post-2015: Private Sector contributions to Building Resilience to Disasters

Recent floods in the United Kingdom, France and Germany have proven that Europe can no longer afford to put disaster risk reduction on a back burner. The frequency of such severe flooding across Europe is set to double by 2050. Over the same period, there could be a nearly fivefold increase in the annual economic losses esulting from floods.Europe’s 10-year average of disaster losses totaling to US$ 13.4 billion makes it the third most affected region in the world after theAmericas and Asia. Most of these
losses are borne by private companies and individuals. For many, this is just a statistic, but for a business person managing and protecting assets, operations and employees from disaster risks, this is an important challenge to address.This session will address three themes that are fundamental to the private sector: Business Opportunity, Business Continuity Management, and Access to Risk Information and Resilience Solutions. The discussion will focus specifically on how to capitalize on and optimize incentives for disaster resilient business practices and aims at identifying practical solutions and opportunities for optimizing financial and sustainability incentives for resilient investments.

Scheda del Convegno

La nota FeBAF su Reducing Risks in in post-2015: Contribution of the Private Sector

This session is divided into three sub-sessions:

Opening

Moderator: Paolo Garonna, Secretary General of Italian Banking, Insurance and Finance Federation; Guarda l’Introduzione alla Sessione

Panelist: Kristalina Georgieva, Commissioner for International Cooperation, Humanitarian Aid and Crisis Response; Elizabeth Longworth, Director, United Nations Office for Disaster Risk Reduction; Mario Nava, Director in Directorates-General Market and Services; Harvey Siggs (UK/ECR), Councillor, Somerset County Council and Rapporteur Post 2015 Hyogo Framework for Action, Committee of the Regions;

Sharing good practices – What are successful business approaches to build resilience and how are they communicated?

Moderator: Nick Dunlop, Managing Director-Sales Leader, Global Specialties, Willis Re;

Panelist: Oz Ozturk, Partner, PricewaterhouseCoopers; Philippe Derieux, Deputy CEO of AXA Global Property & Casualty, and AXA Group Chief Reinsurance Officer; Nicolas Jeanmart, Head of non-life, life and macro-economics, Insurance Europe;

Public private partners for resilience – What partnership opportunities are there and how can they be incentivized?

Moderator: Eelco H. Dykstra, Chair DIEM (Dykstra International Emergency Management Inc.) and former professor International Emergency Management at   The George Washington University;

Panelist: Regis Thepot,General Director, Seine Grands Lac; Esther Ndichu, Director, United Parcel Services; Heinz Christian Vollenweider, CEO and Delegate of the Board of Directors, Europa Reinsurance Facility Ltd (Europa Re).