The CEO of AXA SA, Thomas Buberl, has stated that proactive measures are crucial to keeping home insurance costs manageable in areas susceptible to climate change. He believes that preventing the impact of natural disasters is the most effective strategy.
“Prevention needs to become a mandatory part of insurance to avoid climate risks not being insurable anymore,” Buberl said in a recent interview. A key aspect of this approach, according to Buberl, involves “shifting our own activities toward helping the customers to better protect their properties.”
