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GradFUTURES Sustainability Learning Cohort: 3. Sustainable insurance in a changing climate landscape

by GradFUTURES

Learning Cohort Careers & Professional Development Global/Intercultural Innovation/Entrepreneurship Leadership & Collaboration

Back to GradFUTURES Sustainability Learning Cohort: 1. Intro to Sustainability and Provisioning Systems Approach from Local to Global

Mon, Mar 3, 2025

4:30 PM – 6:30 PM EST (GMT-5)

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Wallace 300

Wallace 300, Princeton, NJ 08544, United States

70
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Session Description: 

The increasing frequency and severity of natural disasters and extreme weather events, such as hurricanes and wildfires, pose significant challenges to the insurance industry. Recent examples, including Hurricane Helene (USD 10+ billion in insured losses) and the LA region wildfires (potentially exceeding USD 30 billion in insured losses), highlight the growing risks. This seminar will discuss how climate change is impacting the insurance sector and the wider community, exacerbating the existing protection gap between economic and insured losses.

The discussion will explore the critical role of insurance as a financial resilience instrument in a changing climate landscape. As climate-related risks continue to grow, we will examine the pressing issues of availability and affordability of insurance, and how the industry can adapt to support individuals and businesses in managing these increasing perils.

Gain insights into the complex interplay between climate change, risk management, and sustainable insurance solutions, and explore potential strategies for building resilience in the face of a rapidly changing climate. This will be an interactive discussion session.


Guest Speaker:  Raghuveer Vinukollu (*11, CEE),  Head - Climate Insights & Advisory, Munich Reinsurance America, Inc

Learning Objectives

Participants of GradFUTURES Sustainability learning cohort will learn and discuss the following: 

  • Sustainability goals and dimensions (e.g., environmental, social, economic) across fields
  • Systems thinking for sustainable design and solutions of complex (climate-related) challenges impacting society
  • Environment and social sustainability approaches and impacts for business, technology, research, entrepreneurship, policy
  • Role of individual and collective behaviors on sustainability
  • Imperative of interdisciplinary and cross-sector (academic-public-private) collaboration 
  • Effective and dynamic communication and storytelling to inform and influence decision makers. 
  • Professional pathways in areas of sustainability across academia, government, and industry 
  • Hands-on experience to real-world projects touching different dimensions of sustainability
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