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Innovation

New Horizons Leadership in Enabling Disaster Resilience

 

Dawn Miller, President & CEO, AXA US

Insights on the vital subject of Disaster Resilience, specific to the role of the insurance market in driving positive pre and post incident behaviors and outcomes. Over the last decade, research delivers numbers ranging from $190B to $300B in average annual economic lost from disasters, while average annual insured losses sit at a 20-30 percent of these figures. The delta represents not only community and human loss however also lost economic opportunity, risks future emerging market development, and misalignment – through extreme risk as our collective global economy tightens in on itself through increased trade flows, shifts in supply chain, and innovations it global technology. Indeed, the same constituency the insurance industry is seeking to partner with; is the same at risk – directly or indirectly.

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