Preparing for natural catastrophes and human-made disasters

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WHAT WE DO Strengthening disaster resilience for the public sector

Urbanisation, economic development, growing asset concentrations in exposed areas and climate change 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 35,000 people are believed to have died or gone missing in disaster events in 2022. According to the Swiss Re Institute, natural catastrophes claimed over 32,500 of those victims, and human-made disasters over 2,500.

Combining risk prevention, risk mitigation and risk transfer measures forms part of a comprehensive disaster resilience strategy. Swiss Re Public Sector Solutions can partner with you in building that resilience through various solutions and services.

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.

There are a number of ways that we can contribute to the business case for disaster resilience and support our public sector partners by absorbing economic losses through the transfer of risk and by facilitating actionable risk insights. We can tailor these supporting actions to your needs and the specific challenges you 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 Risk insights and digital tools

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

Proposition Disaster risk financing

Financial protection strategies for disaster risks

Related topic Adapting to a changing climate

Climate change is one of the biggest threats facing. The effects of more frequent heatwaves and wildfires, longer periods of drought or more severe tropical cyclones are already being felt today.

To help address the impacts of climate change, we must firstly reduce emissions and mitigate risk. In addition, we will still need to adapt to a future where climate impacts are more frequent and severe.

This is where we believe that insurance and risk expertise can help to reduce the expected loss and to increase protection against the impacts of a changing climate.

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

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