Extreme weather events have led to high insured losses for corporations this year, underpinning an increasing risk that is unfolding on every continent. Climate change, urban development, and wealth...
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Swiss Re announces strategic partnership with radar satellite-based flood monitoring provider ICEYE
Partnership combines Swiss Re’s risk knowledge with data from leading commercial radar satellite operator It will advance flood risk management, assist disaster response and expedite claims payments...
The Great East Japan Earthquake: lessons learned, 10 years on
The Great East Japan Earthquake in 2011 and ensuing tsunami took more than 18 000 lives and wreaked untold damage. The key takeaways of this edition are: The 2011 earthquake exceeded assumptions of...
Natural catastrophes and man-made disasters in 2018: “secondary” perils on the frontline
Executive summary The catastrophe experience of 2018 reaffirms that the loss impact of secondary peril events is anything but “secondary”. Total economic losses from natural catastrophes and man-made...
Guatemala + 2 more
Microinsurance Catastrophe Risk Organisation (MiCRO) - Alliance on Natural Hazard Risk Transfer Solutions
Central America is a region that is highly exposed to natural hazards, with the effects of climate change making natural disasters an ever more common occurrence. Earthquakes, hurricanes, tropical...
World + 11 more
Closing the protection gap - Disaster risk financing: Smart solutions for the public sector
Every year natural and man-made catastrophes cause a distressing loss of lives and considerable economic costs around the world. Both industrialised and developing countries are affected...
Closing the gap: Comprehensive disaster risk management in Mexico
Mexico has been hit by no less than seven major catastrophes since 1985. In 2005 Hurricane Wilma caused total economic damages of over USD 22 billion ‒ more than USD 8 billion of which were...
Closing the gap: Flood protection for Bangladesh
Some of the world’s worst flooding takes place in Bangladesh. Prolonged and heavy rainfall creates floods that destroy lives, crush homes and wash away crops. Affected families often have to cope by...
World + 5 more
Closing the gap: Pooling risk in Central America and the Caribbean
Since 1980, nine countries in Central America and the Caribbean have had at least half of their annual gross domestic product (GDP) wiped out by a natural catastrophe. The 2010 earthquake in Haiti...
World + 1 more
Sigma No 1/2018: Natural catastrophes and man-made disasters in 2017: a year of record-breaking losses
Executive summary Total insured losses from natural catastrophes and large man-made disasters were USD 144 billion in 2017. An active hurricane season in the North Atlantic, and a series of wildfire,...
Staying afloat: Flood risk in Argentina
This report examines flood exposure across different regions in Argentina and estimates economic loss and damage potential. It further looks at the financing gaps and differing perceptions in the...
World + 6 more
Preliminary sigma estimates for first-half 2016: natural catastrophes drive global insured losses to USD 31 billion
Total economic losses from disaster events in H1 2016 rise by 38% to USD 71 billion, primarily due to natural catastrophe Insured losses from both natural and man-made catastrophes rise by 51% to USD...
World + 1 more
Sigma No 1/2016: Natural catastrophes and man-made disasters in 2015: Asia suffers substantial losses
Global insured losses from disasters reach USD 37 billion in 2015; Tianjin explosions cause biggest insured loss, Swiss Re sigma study says 30 MARCH 2016, ZURICH Global insured losses from natural...
World + 1 more
Sigma No 1/2014: Natural catastrophes and man-made disasters in 2013: large losses from floods and hail; Haiyan hits the Philippines
Executive summary In 2013, there were 308 disaster events, of which 150 were natural catastrophes and 158 man-made. Almost 26 000 people lost their lives or went missing in the disasters. Typhoon...
World + 1 more
Sigma preliminary estimates: natural catastrophes and man-made disasters in 2013 cost insurers worldwide USD 44 billion
Total economic losses from disasters reached USD 130 billion in 2013 worldwide Insured global losses from natural catastrophes and man-made disasters totalled USD 44 billion, with flooding a major...
Mind the risk - A global ranking of cities under threat from natural disasters
The world's sprawling cities are centres of economic activity and growth. But when a natural disaster hits a densely populated area, the effects can be catastrophic. A new Swiss Re study looks at the...
World + 1 more
Sigma preliminary estimates for 2012: insurers to pay for close to half of the USD 140 billion in economic losses caused by natural catastrophes and man-made disasters
19 December 2012, Zurich Economic losses from natural catastrophes and man-made disasters will likely reach at least USD 140 billion in 2012 Weather events, primarily in the US, will dominate insured...
World + 1 more
Cost of floods has more than doubled in the last 10 years and now rivals earthquake losses says new Swiss Re publication
Swiss Re flood publication finds that insured flood losses have increased from USD 1–2 billion in 1970 to USD 15 billion in 2011 Industry facing challenges in maintaining insurability for floods...
Maharashtra, India : The severe threat of drought on agriculture and human livelihood
Maharashtra is India’s largest area of drought-prone agricultural land. It is also the country’s second most populous state. As such, the region presented an ideal location for an in-depth study of...
World + 7 more
New Swiss Re report reveals low earthquake insurance penetration globally, even in countries with high seismic risk
17 January 2012, Zurich Much of the world is still vastly underinsured against earthquake risk, study finds - Underinsurance often due to low risk awareness in earthquake-prone areas - Earthquake...