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 had an estimated impact of 120% of GDP.Download
With 65% of the workforce employed in agriculture, millions of people living in sub-Saharan Africa depend on farming not only for food, but also for incomes and livelihoods. Without enough rain to feed the land, the effects can be devastating.Download
Japan’s commercial insurance market is the fourth largest in the world after the US, the UK and China. Commercial insurance premiums in Japan totalled USD 33.5 billion in 2015. Penetration (premiums as a percentage of gross domestic product (GDP)) has been rising in recent years, but it is still low relative to other advanced markets. In 2015, commercial insurance penetration in Japan was 0.81% of GDP, compared to 1.6% in the US and 2.4% in the UK.Download
Natural catastrophes are increasing in frequency and severity. What is more, the gap between economic and insured losses has remained stubbornly large. The consequences are especially severe in emerging markets, which are both the worst hit and the least prepared.Download
The impact of extreme weather is painful and expensive. This is because the world population and asset concentrations are increasing, especially in the cities of the developing world, many of which lie either on the coast or on major waterways close to it. Bangkok is one case in point. The latest edition in Swiss Re's Risky cities series examines the risks.Download
Istanbul is Turkey‘s powerhouse, generating more than 40% of the country‘s GDP. The 14 million people in its metropolitan area live under the constant threat of severe earthquakes. And the next one could very well be just around the corner.Download
Mexico City, a metropolis of around 21 million people is plagued by regular summer flooding which makes life utterly miserable for the city’s inhabitants, just one recent example being the inundation caused by Tropical Storm Ernesto in 2012. It is also exposed to substantial earthquake risk.
La Ciudad de México es un centro económico de gran actividad muy expuesto tanto al riesgo de sufrir terremotos como desbordamientos de ríos. Mediante los modelos de riesgo de Swiss Re y los datos de peligros pormenorizados disponibles en CatNet, hemos analizado el posible impacto de estos riesgos y otros peligros naturales en el área metropolitana de México.Download