Climate Change
A key topic at Swiss ReRead more
In our core business, we develop solutions that help tackle key environmental and social issues. Through sophisticated products and a partnership approach we help improve insurance cover in emerging markets and facilitate adaptation to climate change.
We apply our core competencies to develop innovative solutions that help address particular sustainability issues. Currently, our efforts are focused on two areas: extending insurance cover in emerging markets and adapting to climate change.
Insufficient insurance cover is a major challenge for emerging markets and a persistent development obstacle. Over the last few years, we have developed a range of products that improve insurance protection against key risks such as earthquakes, windstorms and droughts. Striking up partnerships with governments and public-sector organisations has been a vital component of these efforts.
In the fight against climate change, efficient adaptation measures are gaining in importance. We are a leader in insurance-linked securities (ILS), which can provide additional cover against windstorms and other peak risks by tapping capital markets funds. Our Economics of Climate Adaptation study, recently developed with several partner organisations, provides an easy-to-use toolbox for governments to assess the cost-effectiveness of various adaptation measures.