Managing climate and natural disaster risk

Re/insurance plays an important role in managing climate and natural disaster risk, and that's why it's part of Swiss Re's core business.

According to the sigma study "Natural catastrophes and man-made disasters" there were 353 catastrophe events across the world in 2015, up from 339 in 2014. Of those, 198 were natural catastrophes, the highest ever recorded in one year, and up from 191 in 2014.

This high number of occurrences can be attributed to the fact that cities are becoming larger, attracting more people and sparking infrastructure growth, and climate change. When a natural disaster strikes, the dense population and asset concentration leads to losses. These losses can severely impact not only a country's economy, but the people who live there as well.

Working smarter together to mitigate and adapt

Disaster risk mitigation and climate adaptation are keys to strengthening community resilience. Re/insurance plays an important role. Swiss Re understands the relationship between climate and natural disaster risk and how both affect our world.

We work with governments and public sector entities to develop risk prevention strategies and ways to finance them. .   Our risk-transfer solutions provide swift disaster funding, protect the most vulnerable, ease the path to rapid claims payouts

Managing climate and disaster risk is part of Swiss Re's DNA. Find out why below.

Hurricane Andrew: The 20 miles that saved Miami

Twenty-five years have passed since Hurricane Andrew roared ashore in Florida as a Category 5 hurricane, devastating parts of the state to become one of the defining events in the history of the US insurance...

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Insuring Flood: Swiss Re and the Private Market Response

There’s been a lot of talk about the insurability of flood in the US and the need for the private market to take on more flood risk.

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