Our core at Allianz is to protect people and businesses from risks. In this way, we contribute to the long-term financial well-being of our customers and to the stabilization of local economies. Insurance is one of the key ways in which we limit the impact of climate risks and offset climate-related losses. The higher the level of insurance coverage a country, the more resilient it is to extreme natural events. In addition, after an extreme weather event such as a flood or hurricane, insurance claims are often a quick and reliable solution to enable those affected to recover quickly.
In addition to contributing to sustainable economic growth through our business activity, we also focus on overcoming barriers to social inclusion that will lead our society to a better, more productive future. That's why empowering young people and supporting vulnerable social groups are key pillars of Allianz's Corporate Responsibility program.
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