Our climate change strategy

As a major global reinsurer, Swiss Re has had a major role in the climate change debate for over two decades.

For a reinsurer, climate change constitutes a key risk because it can lead to an increase in the frequency and severity of natural catastrophes such as floods, storms, excessive rainfall and drought. In combination with growing asset concentrations in exposed areas and more widespread insurance protection, this will cause a rise in losses.

Since detecting the long-term threat posed by climate change more than 20 years ago, we have been an acknowledged thought leader on the topic. To tackle the issue, we pursue a comprehensive strategy with four pillars.

The four pillars of our climate change strategy

  • Advancing our knowledge and understanding of climate change risks, quantifying and integrating them into our risk management and underwriting frameworks where relevant
  • Developing products and services to mitigate or adapt to climate risk
  • Raising awareness about climate change risks through dialogue with clients, employees and the public, and advocating a worldwide policy framework for climate change
  • Tackling our own carbon footprint and ensuring transparent, annual emissions reporting

Published 10 November 2015

The bigger picture: adaptation...

Measures are available to help communities fight ongoing losses and adapt to climate change.

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ECA case studies

From India to the UK and many points in between: the ECA Working Group analysed a number of areas for the Report. Here's a selection of the cases and recommendations.

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