"Insuring natural catastrophe risk: How public-private partnerships could make Europe more resilient" conference report
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Losses from natural catastrophes are rising sharply both in Europe and throughout the world. However, the role insurance industry plays in helping communities get back on their feet following such disasters could be far stronger if it were able to join forces with the public sector. On their own, insurers cannot hope to bridge a protection gap that is becoming ever wider. At a recent industry conference hosted by Swiss Re, European re/insurance executives, representatives of insurance industry associations and stakeholders from the public sector, examined public-private partnership models already in operation and their significance for government policies.