The Slovenia Insurance Supervision Agency published a recap of a Slovenian Ministry of Finance investment conference in Tokyo, highlighting an insurance-sector panel it moderated on shared Slovenian and Japanese market challenges. The recap centres on the view that climate, demographic and cyber risks are becoming so large and complex that they can exceed private-sector capacity, requiring stronger coordination with the state, regulators, reinsurance and capital markets. The panel, moderated by the Agency’s director Gorazd Cibej, included Toshiyuki Miyoshi of Japan’s Financial Services Agency and chair of the International Association of Insurance Supervisors, Shigeru Ariizumi, Dimitrij Šulin of Vzajemna Health Insurance, and Klemen Babnik of Sava Re. Discussion covered increasing climate-driven extreme weather losses and the natural catastrophe “insurance gap”, with calls for new products, better risk assessment models and more accessible cover for households and businesses; it also flagged expanding cyber risk as digitalisation increases vulnerabilities and highlighted ageing populations as a shared pressure point for health insurance through higher healthcare costs and system strain.
Slovenia Insurance Supervision Agency 2026-02-25
Slovenia Insurance Supervision Agency reports Tokyo conference focus on public–private responses to climate demographic and cyber risks
The Slovenia Insurance Supervision Agency summarized a panel discussion from a Slovenian Ministry of Finance investment conference in Tokyo, focusing on shared challenges in the Slovenian and Japanese insurance markets. Key issues included the complexity of climate, demographic, and cyber risks, necessitating enhanced coordination with the state, regulators, reinsurance, and capital markets. The panel emphasized the need for new insurance products, improved risk assessment models, and more accessible coverage for households and businesses.