Peak Re Forum 2024 - Sustainability in a Changing World

Peak Re hosted its inaugural Peak Re Forum 2024 - Sustainability in a Changing World on 23 September 2024, where we explored the major opportunities emerging in Asia, the world's most dynamic economic region. The event focused on transformative trends reshaping the insurance industry's approach to risk management and business development. It brought together over 200 global participants, with a primary focus on the Asian insurance market. The following topics were covered:

Climate Risk Insights

Uncover cutting-edge research that provides unique insights and clarity into the risks posed by increasingly frequent and severe climate catastrophes in Asia.
Explore scientific advancements, innovative approaches, and technological solutions that can effectively inform and enhance insurance practices to build resilience in the face of uncertainty.

Risks and Opportunities

Gain fresh perspectives from Peak Re specialists and expert panelists from the industry, public sector, and academia, as they discuss strategies for navigating protection gaps in Asia.
Discover key trends shaping the outlook for the insurance market in Asia, driven by the region’s growing middle-class society and the pressing concerns of rapid climate change.

The event was impactful, featuring renowned experts, thought leaders, and industry pioneers who discussed the latest trends, opportunities, and challenges in the Asian insurance market. Participants gained valuable insights to shape their organizations’ business strategies.

Agenda

Time	Details
1:00 PM - 1:45 PM	Guest Registration
1:45 PM - 2:00 PM	Welcome Message
2:00 PM - 2:30 PM	Disaster Risk Finance: Challenges and Opportunities Speaker: Prof. Yoshihiro KAWAI Chairman of OECD Insurance and Private Pension Committee, Chairman of South East Asia Disaster Risk Insurance Facility (SEADRIF), Global Asia Insurance Partnership (GAIP), Advisor to Commissioner, Financial Services Agency, Government of Japan, and Member of International Advisory Council, China National Financial Regulatory Administration. He is also Professor of Tokyo University. Full Video: Link
2:30 PM - 2:45 PM	Unleashing the Value of Insurance for Combating Climate Risks Speaker: Mr. Clement LAU Chung-kin Executive Director, Policy and Legislation Hong Kong Insurance Authority
2:45 PM - 3:15 PM	Improved Climate Projection for Tropical Urban Areas Speaker: Prof. Alexis LAU Head and Chair Professor of the Division of Environment and Sustainability, Chair Professor of Department of Civil and Environmental Engineering, and Director of Institute for the Environment The Hong Kong University of Science and Technology Full Video: Link
3:15 PM - 4:00 PM	Panel - Climate Change Challenges: Bridging Science and Solutions Moderator: Dr. Luxi ZHOU - Meteorologist, Peak Re Panelists: Prof. Deliang CHEN - August Rohss Chair, Department of Earth Sciences, University of Gothenburg Mr. Butch BACANI - Head of Insurance, UN Environment Programme - Programme Leader, UN Principles for Sustainable Insurance & Chair, UN Forum for Insurance Transition to Net Zero Dr. Xiaohui Zhong - Chief Atmospheric Scientist, FuXi AI Climate Modeling Team Prof. Wing Mo LEUNG - Adjunct professor at the Hong Kong Polytechnic University and the Chinese University of Hong Kong, Former Assistant Director of the Hong Kong Observatory, Spokesperson of the Hong Kong Meteorological Society, Vice Chairman of the Guangdong Nuclear Safety Consultative Committee, Board Director of The Green Earth and Conservation E3 Foundation (CE3), Former Member of Council for Sustainable Development - The Government of HKSAR Full Video: Link
4:00 PM - 4:15 PM	Panel 1 Q & A session
4:15 PM - 4:30 PM	Coffee Break and Networking
4:35 PM - 5:05 PM	Climate Risk in Asia Pacific: Frequency or Severity Speaker: Mr. Iain REYNOLDS Head of Catastrophe, Analytics and Research, Peak Re Full Video: Link
5:05 PM - 5:50 PM	Panel - Climate Change Resilience: Insights for Asia's Insurance Industry Moderator: Mr. Steven LAM - Bloomberg Intelligence Analyst Panelists: Ms. Denden R. TESORO - Chief Operating Officer, Malayan Insurance Dr. Pongpanu DAMRONGSIRI - Executive Director, Thai General Insurance Association Dr. Jaime Aristotle B. Alip - Founder, Center for Agriculture and Rural Development-Mutually Reinforcing Institutions (CARD MRI) Mr. Tony Gallagher - Regional CEO, Asia Pacific, Guy Carpenter Full Video: Link
5:50 PM - 6:05 PM	Panel 2 Q & A session
6:05 PM - 6:30 PM	Unlocking Potential: Insights from Emerging Asia Middle Class Survey Speaker: Mr. Clarence WONG Chief Economist of Peak Re Full Video: Link
6:30 PM - 6:35 PM	Closing Remark
6:35 PM - 8:00 PM	Cocktail Reception and Networking