FutureBites with Dr. Bruce McCabe
FutureBites is a podcast exploring promising and exciting pathways to a better future. Hosted by Dr Bruce McCabe, a futurist and keynote speaker who travels the world presenting his unique insights and research on the future to corporations, governments, and audiences in all industries. In each FutureBites episode, Bruce meets with an inspiring leader in science, technology, economics or the social sciences to talk about ideas, game-changers and opportunities to create a better future.
FutureBites with Dr. Bruce McCabe
Climate Change and The Future of Insurance - with Trent Thomson
Insurance companies must deal with the financial realities of climate change. They must make quantitative decisions and translate risks into dollars. They must do it for today’s impacts as well as making quantified predictions about future impacts. And behind the insurance companies are the reinsurance companies, who must act as shock absorbers to the industry and do all of the above on a global scale. Who better to go to for insights on how climate change translates into real dollars?
Welcome to FutureBites with Dr. Bruce McCabe, futurist and keynote speaker, where we interview scientists and explore pathways to a better future. In this episode, I’m speaking with Trent Thomson, CEO of the Australian and New Zealand arm of the second largest reinsurer in the world, Swiss Re. We cover the changes they’ve seen over the last 30 years, future projections, the factors contributing to cost and risk, the challenges of covering climate “hot spots,” and the future role of reinsurers in providing risk data transparency to governments and communities.
Trent was amiable, honest and forthright. He offers a fascinating and different point of view that compliments the scientists I talk to. I know you’ll find him interesting, and I can’t help thinking that we’ll be revisiting this topic – companies like Swiss Re have treasure troves of data just waiting to be tapped!
As always, I’ll add a post to the FutureBites page soon with additional thoughts and further reading, as well as a copy of the full interview transcript. Enjoy!
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See you in the future!
