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Evaluation

International

Level 1: No prior knowledge of the subject (0-3 Years)

C:FE:L1

C:RM:L1

S:CT:L1

S:BA:L1

T:IC:L1

T:CO:L2

T:CR:L2

T:IA:L2

CS-6 - Current Issues on Flood Insurance in Japan

Wednesday, November 8, 2023
9:30 AM – 10:30 AM PST
Location: Hollywood Ballroom (3rd Floor)
In this session, we, actuaries from Japan, will present various issues on flood insurance we are facing, followed by discussion with the attendees. In recent years, flood disasters have been intensifying in Japan, as well as in other jurisdictions. We will report our recent cases of floods and explain the flood insurance system in Japan, with comparison to that of other countries, and will discuss its problems and how to solve them. We tend to think flood disasters are causing serious problems in many jurisdictions, so let's explore the measures to tackle this global issue.

Learning Objectives:

  • Acquire knowledge about the measures taken to address the deterioration of flood insurance balance in Japan.
  • Assess their own country's insurance system from an objective perspective by understanding the flood insurance systems and challenges of other countries.
  • Improve your understanding of the flood risk model by learning about the one commonly used in Japan.
  • Talk about the current Japanese P&C market to their peers.