Weathering climate change
Insurance solutions for more resilient communities
An estimated 3.4 billion people are threatened by natural hazards, most of them in the developing world. Climate change could put at risk many more. A new Swiss Re report shows how innovative insurance solutions can strengthen local adaptation strategies and protect communities against the rising costs of climate change.
Swiss Re’s new report “Weathering climate change: insurance solutions for more resilient communities” (see right) says that innovative forms of risk transfer can boost adaptation financing and make societies more climate-resilient by protecting them against the costs of the most severe weather impacts. It documents the facts that decision-makers must consider when devising a risk management strategy and highlights the role of insurance in making it both affordable and effective.
Source: Swiss Re (2010). Weathering climate change: insurance solutions for more resilient communities. Order no: 1504255_10_en.