China: high growth market, high growth risks
With its large economy and over half of its manufacturing centres exposed to flood risk, China is a prime example of a flood hotspot. Learn more about the potential ripple effects in the new fact sheet...
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.
Natural disasters cost the global insurance industry around USD 110bn in 2011, but the human toll was higher: according to the Swiss Re sigma publication "Natural catastrophes and man-made disasters in 2011," that year ranks as the 16th highest year in terms of victims since 1970.
These high numbers can be contributed 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 its population as well.
Disaster risk mitigation and climate adaptation are keys to strengthening the resilience of communities around the world. Re/insurance plays an important role in achieving this goal.
Swiss Re understands the relationship between climate and natural disaster risk and the societal impact of both. We've been shaping the global climate agenda through dialogue with our public and private sector partners, cutting-edge research and innovative risk transfer solutions for over two decades.
Managing climate and disaster risk is part of Swiss Re's DNA. Find out why below.
2012 Atlantic hurricane season: eventful but not extraordinary
Hurricane Sandy left behind scenes of devastation along the US East Coast which people will remember for a long time to come. But the storm came at the end of a hurricane season that by most scientific...