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
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
To decrease the country’s financial exposure in times of drought, in January 2014 Uruguay’s state-owned electric company entered into an 18-month, USD 450 million weather coverage agreement with the World Bank Treasury. Highlighting the strength of public-private partnership, Swiss Re Corporate Solutions took on a material part of the risk.Download