Strengthening disaster resilience for society

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The challenge Building and strengthening of disaster resilience strategies

Urbanisation, economic development, growing asset concentrations in exposed areas and weather-related risks are leading to increased natural catastrophe losses. That's because we live, build and work in locations most at risk from floods, storms, wildfires and extreme weather events. Worldwide, over 76,500 people are believed to have died or gone missing in disaster events in 2023. According to the Swiss Re Institute, natural catastrophes claimed over 72,900 of those victims, and human-made disasters over 3,600.

Historical data show limited investment in disaster preparedness compared to post-event recovery.  The Swiss Re Public Sector Solutions Team partners with government and other public entities to help the move from a dependency on post-event measures, to one of more active risk management.

How we can help Risk management expertise applied

We support various types of entities active in the public sector. As diverse as our partners are, so are the ways we can help them manage different natural catastrophe and human-made related risks – including perils such as earthquakes, windstorms, excess rain, floods or drought – and thereby support their resilience strategies. Combining risk prevention, risk mitigation and risk transfer measures forms part of a comprehensive disaster resilience strategy.

We can contribute to the management of disaster risks and support our public sector partners by absorbing economic losses using various forms of risk transfer and through the provision of actionable risk insights. We can tailor these supporting actions to the resilience strategies and specific challenges they face. Discover some of our propositions below.

Proposition Traditional indemnity-based insurance solutions

Classic risk transfer solutions based on actual losses

Proposition Parametric insurance solutions

Innovative, tailored, turnkey risk transfer solutions

Proposition Disaster risk financing

Financial protection strategies for disaster risks

Proposition Risk insights and digital tools

Next-in-class risk insights and digital solutions to deliver impact for our public sector partners

Contact us Interested in finding out more? Get in touch to learn how we can work together.

RELATED PUBLIC SECTOR NEEDS

RELATED PUBLIC SECTOR NEEDS