Helping you avoid financial disaster
Natural catastrophes can wreak havoc in their wake. If your business is exposed, you might also have assets which cannot be covered by traditional insurance. Our innovative NatCat solution is designed to protect many of these assets and your bottom line.
We have extensive knowledge of natural catastrophe risks. Our risk experience enables us to identify assets that are exposed to natural catastrophes. As a result, we can clearly illustrate your exposure and create a solution to minimise its financial impact.
We tailor solutions to help provide certainty. Since we use pre-defined parametric indices, we offer a measure of security in the face of natural catastrophes. Our NatCat cover can offer protection over single or multi-year periods, up to a maximum of five years.
Our proprietary tools can help you mitigate risk. Our modelling data allows us to give you illustrative graphics so you can understand the risks you face. We also provide access to Swiss Re CatNet®, an online portal that offers a wealth of natural hazard data and natural disaster statistics.
Contact us to learn more.
When a natural disaster strikes, there is a direct correlation between the conditions experienced locally during the event and the losses suffered on the ground. Parametric insurance products settle on the intensity of the experienced event and are linked to reputable, objective third-party sources, which are used to determine an insurance payout. They are designed to provide catastrophe coverage and complement, but not replace, traditional insurance coverage. Using this structure, parametric insurance payouts are quickly determined, easily measured, and effectively eliminate loss adjustment hasslesLearn more
Watch the recent Swiss Re Corporate Solutions webinar on the rise of NATCAT events and parametric solutions. During the webinar we'll explain what parametric solutions are in more detail and provide real-life examples of how these solutions are helping corporations protect their balance sheet against adverse and catastrophic weather events.Learn more
Total economic losses and global insured losses from natural catastrophes and man-made disasters in 2016 were the highest since 2012, reversing the downtrend of the previous four years.Learn more
Parametric insurance solutions provide security that you won’t find with more conventional insurance products. The distinguishing feature of parametric insurance is that it depends on an external event, for example a hurricane or earthquake. If this insured event occurs, you receive compensation, which is graded according to the severity of the incident.Learn more
30 January 2018
29 November 2017