Tokio Marine Group is to provide expertise and support to the Resilient Cities Network’s Resilience Finance Taskforce.
Tokio Marine Group will serve as the inaugural underwriting partner of the new Resilience Finance Taskforce. With financial support provided by Tokio Marine Kiln, the Taskforce aims to develop frameworks and methodologies to scale urban resilience finance.
Brad Irick, co-head of international business of Tokio Marine Holdings, said: "The global risk landscape is becoming more volatile. The world needs better solutions for risk management, mitigation and recovery. Finance and insurance play a critical role in helping to rebuild people’s lives and businesses in the wake of devastating events. By partnering with cities to provide support where it's most needed, we can develop solutions designed to weave resilience into the fabric of society.”
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For more on urban resilience, see the Q4 2024 issue of CIR Magazine.
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