An XL Catlin-sponsored event will be held in Bermuda next week to tackle the complex and interrelated changes taking place in the ocean that pose a major threat to societies and economies.
The first-ever Ocean Risk Summit will be held May 8-10, and will cover issues from threats to global food security and human health, to the impacts of hurricanes on communities, ecosystems, businesses, migration, and national security. It will also provide expert data and analysis to help businesses and governments identify their potential exposure to ocean risks and generate new and dynamic solutions.
“Ocean risk is an evolving and unpredictable field,” XL Catlin CEO Mike McGavick said. “We believe the insurance industry should take the lead in stimulating global, constructive debate and help identify solutions to this major global challenge. That is why as part of our Ocean Risk Initiative we are proud to host, along with our sponsoring partners, the first Ocean Risk Summit in Bermuda.”
“This summit will bring together a group of leading experts to look at how we can build resilience; resilience in the ocean from the threats that it faces and resilience in societies so that the negative impacts of ocean change are minimized,” said José María Figueres, founder of Ocean Unite, a global leadership initiative that aims to unite and amplify impactful voices to secure a healthy and vital ocean.
