47: On Aon's Insights on Navigating and Preparing for Catastrophes with Michal Lörinc and Dominic Probyn

On Aon

With over $330 billion in damage from natural disasters in 2022, direct economic losses from weather events last year were remarkable. This week’s host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s Head of Catastrophe Insight, Reinsurance Solutions, Michal Lörinc, and Aon’s Head of Climate Strategy, Dominic Probyn, for a discussion about the findings from Aon’s 2023 Weather, Climate and Catastrophe Insight and what Aon is doing to help organizations make better decisions, manage volatility and enhance global resilience against climate-related risks.

• [2:47] Steps to making a positive impact on climate today.
• [4:02] Surprising trends and lessons learned from Aon’s 2023 Weather, Climate and Catastrophe Insight.
• [8:54] How Aon manages significant amounts of climate data.
• [10:33] The role and mission of Aon’s new Climate team.
• [12:34] Where companies can effectively start mitigating climate risks.
• [17:56] The key role of the insurance industry in the climate transition.
• [20:14] Dominic and Michal reveal their preferred pastimes.

Additional Resources:

Aon’s Weather, Climate and Catastrophe Insight

Aon: Global Insured Losses From Natural Disasters Exceeded $130 Billion In 2022, Driven By Second-Costliest Event On Record

Reuters: Natural disasters caused $313 bln economic loss in 2022 - Aon

Aon’s website

Tweetables:

• “It only takes one storm to completely change the statistics.” — Michal Lörinc
• “Every job is a climate job.” — Dominic Probyn
• “Climate change is about much more than just physical risk. The transition itself brings forth many challenges.” — Dominic Probyn
• “Setting and executing a climate change strategy is a transformational task for many of our clients.” — Dominic Probyn