Disaster risk financing: how new forms of private-public risk transfer make societies more resilient
Source(s):
Swiss Reinsurance Company (Swiss Re)
photo by Benny Hidayat with permission
A view from the reinsurance industry on the rising impact of natural hazard related disasters and how it is driving up the cost of disaster relief and reconstruction for the public sector.
Swiss Re’s focus report “Disaster risk financing: reducing the burden on public budgets” shows how recent risk transfer solutions offer governments, development banks and relief organizations models to access pre-event financing, and enable them to allocate relief funds more efficiently by using insurance and capital market instruments.