David Howden calls for collaboration in disaster relief funding

World environment

At the World Climate Summit, Howden stressed insurance was the key to unlocking the private capital needed to address the £14.8bn ($20bn) disaster relief shortfall.

David Howden, CEO of Howden Group, has urged senior leaders in the global investment, humanitarian, and philanthropic communities to create a market that can help close the gap in disaster relief funding.

Howden gave the keynote address at the World Climate Summit panel Investing & Insuring for Resilience - Managing Risks & Redirecting Capital into Resilience Enhancing Investments.

In his speech, Howden argued that public funds are not enough to solve the rising frequency and severity of

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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