The Insurance coverage Improvement Discussion board (IDF) introduced the appointment of Michel M. Liès as its subsequent Steering Committee chair with impact from April 19, 2022.
He succeeds Denis Duverne who has been chair of the Steering Committee since September 2018. Duverne is retiring this month as chairman of AXA Group, a place he has held since 2016.
The IDF is a public-private partnership led by the insurance coverage trade and whose members embody the United Nations, World Financial institution and different worldwide organizations.
“The IDF has made an excellent coverage and operational impression in recent times, delivering the primary three nation programmes beneath the Tripartite Settlement, in addition to important mobilisation of recent sources in assist of the local weather and catastrophe danger financing agenda,” commented Liès. “That is due in no small half to the Steering Committee beneath the management of Denis Duverne and to the IDF’s working teams, our fast-growing membership, and our companions and supporters.”
Tripartite Settlement was launched in 2019 by the German Federal Ministry for Financial Cooperation and Improvement (BMZ), the IDF and the United Nations Improvement Programme (UNDP) throughout the United Nations Secretary Basic’s Local weather Motion Summit. The aim of the joint settlement is to assist the event of danger administration options for climate-vulnerable nations, stated the IDF. The settlement has introduced danger options to Peru in September 2020, in Colombia Could 2021 and Mexico in March 2022.
“Whereas some nations have elevated their resilience to local weather change, the urgency of the local weather disaster requires a lot larger pace,” Liès continued.
“This creates a crucial position for advocacy concerning the significance of danger administration and insurance coverage in supporting growth. As well as, the necessity for efficient cross-sector collaboration to ship significant change has by no means been extra necessary and this should be a key precedence within the quick time period,” he stated.
Supply: Insurance coverage Improvement Discussion board
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