In the past decade, 70% of the economic losses caused by natural disasters were uninsured. Although the total economic loss amount may sometimes appear relatively small, its impact on the economy can be significant if the insurance penetration is low.
Swiss Re has developed more than 400 risk management solutions in the past few years to help governments tackle the rising impacts of uninsured economic losses on their fiscal balance sheets, and the broader economy. Want to know more? You'll find examples of some of our public sector risk solutions below: