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.
In 2014, there were more natural catastrophe events than in any single year on record in sigma, our flagship re/insurance data publication. Yet insured losses were below average, according to the latest sigma study "Natural catastrophes and man-made disasters in 2014: convective and winter storms generate most losses".
This high number of occurrences 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 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.
Mind the risk: cities under threat from natural disasters
The world's sprawling cities are centres of economic activity and growth. But when a natural disaster hits a densely populated area, the effects can be catastrophic. A Swiss Re study looks at the human...
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Risky cities: Bangkok
In the latest edition of its Risky cities series of publications, this time focusing on Bangkok, Swiss Re highlights the significant impact Thailand's 2011 flood had not only on thousands of individuals...
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