As climate-related disasters become more frequent and severe, municipalities are under growing pressure. The rising costs of insurance, driven by increasing risks from wildfires, floods, droughts, and storms, are making it more difficult for local governments to protect public infrastructure, support businesses, and safeguard communities. In some areas, the growing threat is not just higher premiums, but the possibility that properties and enterprises may become uninsurable altogether.  

Ensuring continued access to affordable insurance is essential for municipalities, individuals, and businesses alike. At the same time, the insurance sector can play a critical role in supporting cities’ climate adaptation and resilience strategies through its expertise in risk assessment, prevention, and financing. 

This roundtable session will bring together the public sector, insurance experts, and finance professionals to explore how public-private collaboration can reduce long-term risks and strengthen climate resilience. The session will explore the current landscape—what challenges cities are facing now and what risks lie ahead—before moving into a forward-looking dialogue on practical solutions. 

Key themes include: 

• How can cities and insurers collaborate to reduce risks and costs? 
• What distinguishes today’s solutions from tomorrow’s needs? 
• How can the insurance industry act as a partner in climate adaptation? 
• What incentives can drive closer cooperation between municipalities and insurers? 

Through brief expert insights and an interactive discussion, this session aims to identify opportunities for building capacity and creating shared value between local governments and the insurance sector. Join us to help shape a more resilient, insurable future.