Macro insurance will mitigate cat risk: Swiss Re

Transferring catastrophic risk should be a key element in the strategy of every disaster-prone country, the reinsurer says

Swiss Re is trying to persuade governments to adopt “macro-insurance” to reduce the financial burdens that they will face if their countries are hit by natural catastrophes. The reinsurer has published a report entitled: “Disaster risk financing: reducing the burden on public budgets”.