"Our main goal during these two days is to create a platform for the exchange of business insights on essential issues of the re/insurance industry [...] in a time when the climate change is bringing challenges in almost every area of activity", Dieter LOEWE, Managing Director, Public & Financial Services, NTT DATA Deutschland, stated during the official opening of the conference.
Commenting about the change in the weather patterns, LOEWE explained that "if we refer to Germany and actually to the entire Europe, we have faced in the last years severe weather related events, some of them unfamiliar for the region. The impact and magnitude of the natural catastrophes and weather-related events, but also the unpredictability, are forcing the insurance and reinsurance companies to change and improve their business models. This will have an impact on all of us!"
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