Former Swiss Re CEO to Chair ClimateWise

ClimateWise, a global insurance industry initiative aimed at responding to and minimizing risks that are a result of climate change, named John Coomber its new chairman.

Coomber, who retired as Swiss Re’s CEO in 2005, will replace CEO of Allianz Insurance Andrew Torrance, who has completed his three-year term as chairman.

“Recent events have shown how vulnerable the world’s interdependent economies are to risks that at first appear to only affect one part of the system,” Mr. Coomber said. “Reducing these risks to an acceptable level is in all of our interests and we cannot do that without strong partnerships between businesses, governments and wider society.”

ClimateWise was launched in 2007 and boasts international membership spanning Europe, North America and Southern Africa.

 

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