Building societal resilience
The “building societal resilience” ambition of our Group Sustainability Strategy consists of two key pillars: enhancing disaster resilience and fostering financial inclusion in both advanced and emerging economies.
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Disaster resilience
Disaster resilience refers to offering risk transfer, solutions and investments1 relating to the management of large risk events (natural catastrophes and manmade disasters) impacting physical assets (eg property and infrastructure), supply chains and communities. Losses from floods, storms, earthquakes and other natural catastrophes can affect millions of lives and the economies of entire countries. Providing effective re/insurance protection for losses from natural catastrophes represents a business opportunity while generating significant benefits for our clients and for society at large.
Click on the stories below to learn more about selected examples of risk transfer solutions that support the disaster resilience pillar of the "building societal resilience" ambition of the Group Sustainability Strategy.
Disaster resilience solutions
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Fathom chosen to support Canada federal government initiative to address flood hazard knowledge gap
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Morocco: a challenging hot spot for farmers, society and crop re/insurance
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Baseball-sized hail falls, Swiss Re Crporate Solutions pays: Baylor University parametric HAIL success story
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Climate Risk Scores: Informed property-portfolio steering decisions
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Swiss Re part of PPP to Develop Agriculture Insurance Scheme in Uzbekistan
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Blue Bond Provides Funding for Ocean Conservation in Gabon
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Marine Conservation to Protect the Galápagos
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Cat bond provides Chile with financial protection against earthquakes
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STORM – Landfall to liquidity in 14 days
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A historic first for New York City
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FLOAT
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Building climate resilience in Africa
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Swiss Re helps develop flood insurance and build financial resilience in Ghana
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Drought is insurable
Footnote
Footnotes
1”Investments” mainly refers to insurance-linked securities such as catastrophe bonds offered by Alternative Capital Partners (ACP). ACP is a unified centre of expertise that offers alternative capital solutions, including catastrophe bond structuring and placement services to clients who wish to use the capital markets to transfer risk.