The “Next Level for Insurance SME Segment: Climate Change & Physical Risks” webinar was held on 24th November 2022. The webinar aimed to shed light on the increasing incidences of extreme weather events and their potential economic impact on Italian companies, with the statistic that one out of three companies is exposed to potential losses due to natural phenomena.

One of the keynote speakers at the event was Mario Martina, the Director of the Weather-Related Risks Department at RED. Mario participated in the section titled “Natural risks in Italy: the riskiness of Italian companies and expected losses: the CRIF-RED analytical study,” where he provided insights into the climate-related risks faced by Italian companies and potential losses, underscoring the importance of data-driven decision making in managing these risks. The presentation of the CRIF-RED study’s evidence and analytical methodologies was a notable highlight of the event. This study was created with the valuable contribution of QBE Italia and the patronage of the Italian Insurtech Association (IIA). Mario Martina’s participation was a critical part of the discussion, contributing to a deeper understanding of the intersection between climate change, physical risks, and the insurance sector