Swiss Re

Elections are scheduled events, yet political rancor is always in season and that's why re/insurers are reassessing their exposures to civil unrest. If you think your portfolio is affected, click below to read the headline issues and check out The Insurer's interview with Mohit Pande, our Chief Underwriting Officer, Property: https://ow.ly/lUoJ50TNjpu

🎙️ Episode 1 of Risk REconsidered is LIVE! Weathering the Storm takes a closer look at severe convective storms, climate change, and what we can do to mitigate risk. Featuring Elisabeth Viktor, Davide Faranda, and tornado expert Jana Houser, this episode is filled with practical insights for managing storm-related risks. Download it now on your favourite podcast platform and stay informed! https://ow.ly/AbQX50TLAqb

Around the world, agriculture risk profiles are changing. Protect your portfolio with our reinsurance capacity, deep risk knowledge, and technology solutions. Find out how we can work together to manage risk, unlock opportunities, and build a resilient agriculture system. https://ow.ly/WZn950TJyIv

Today is the International Day for Disaster Risk Reduction, emphasizing the need for resilience against future disasters. Our 2024 Resilience Index shows progress, but significant gaps remain. Natural disasters like floods and earthquakes pose severe risks, causing loss of life and economic disruption. While insurance coverage has improved resilience, nearly 75% of global disaster exposure is still uninsured, creating a $385 billion protection gap and leaving emerging markets particularly vulnerable. Insurance is crucial for faster recovery and economic growth, with countries that have higher coverage experiencing less severe GDP declines after disasters. Closing this protection gap is essential for enhancing our ability to withstand economic shocks from disasters. Learn more about how Swiss Re's measures resilience in our sigma Resilience Index 2024: https://ow.ly/qj4j50TJzgw #DRRday #AreYouReady24

This week, we recognized the importance of World Mental Health Day 2024, and the theme for this year was prioritizing mental health in the workplace. To ensure healthier and more productive workplaces, fostering a supportive work culture is essential. Addressing mental health issues promptly and intervening early enough can help minimize the severity and duration of mental health challenges. Employers can also make meaningful impact by taking a holistic approach, encouraging open communication, offering flexible working arrangements, and providing access to mental health resources. Get the latest advice from Deborah Smith, our Chief Medical Officer EMEA, and consultant psychiatrist Stoffel Grobler: https://ow.ly/FoqI50TJxL7

This week marked the World Mental Health Day, highlighting the importance of understanding the global impact of mental health issues and finding innovative approaches to improve care. One rapidly expanding area of study is Metabolic Psychiatry, which examines the link between metabolic dysfunction and mental health disorders. Research shows that poor metabolic health can contribute to mental illnesses such as depression and anxiety. Diet, physical activity, and sufficient sleep all have direct effects on metabolic conditions such as insulin sensitivity. Addressing metabolic health offers significant potential to reduce the rising incidence of related mental health disorders, benefiting both individuals and insurers. Dive into the topic here: https://ow.ly/MUZH50TJpPL

🌡️⛈️Climate change is causing weather-related hazards like rising temperatures, heavy precipitation, and more intense storms, which could affect all components of electric grids at a time when electricity demand is sharply increasing. We can help energy companies mitigate these long-term risks by providing risk management expertise and tailored insurance solutions to protect against business interruptions due to weather events. Find out more: https://ow.ly/TofR50TIAlL

🌍 Over 100 CEOs from the WEF Alliance of CEO Climate Leaders – of which Swiss Re is a member - today published an open letter to world leaders ahead of COP29. Alliance members absolute emissions reductions have been 10% between 2019 and 2022 and the letter calls for policies that can help accelerate the impact of private sector ambition and action on climate. Through such deeper collaboration between business and government net-zero actions can grow for the benefit of society, public health, and the global economy. Read the full letter including the policy asks: https://ow.ly/kBAn50TIwXw World Economic Forum Novonesis IKEA Boston Consulting Group (BCG) ReNew Jesper Brodin Ester Baiget

🧠Today on #WorldMentalHealthDay, we are reminded of the incredible resilience and potential that lie within each of us. But mental health matters every day. That's why we're actively promoting mental wellness through flexible work offerings, equal parental leave, and training mental health champions across our business who help foster open conversations to raise awareness. 🎬Watch Velina Peneva, our Group Chief Investment Officer and Executive Sponsor for Mental Health at Swiss Re, to learn about our year-round initiatives. https://ow.ly/7FBW50THLQy #MentalHealthMatters #EmployeeWellbeing

Swiss Re Institute and the AXA Research Fund are delighted to announce the winners of the first round of applications of their Joint Risk Resilience Partnership. This partnership aims to support top-tier risk research on systemic risks that pose the most serious threats to societal #resilience while improving risk management as well as informing private and public decision-making. The first call for projects was focused on building resilience against cyber risk. The following projects will receive EUR 150'000 of funding each for their respective projects over 1.5 years. Project 1: Building Cloud-Outage Resilience Based on the Cyberspace Endogenous Security Framework, by the Fudan University, China. Led by Xian Xu, the research will develop a comprehensive measurement of cloud outage resilience, allowing to quantify and improve resilience impact, and enhance the stability of cloud systems. Project 2: Integrated Framework for Smart City Economic Resilience Assessment (IF-SCERA), by the ZHAW Zurich University of Applied Sciences, Switzerland. Matteo Spada’s project will develop a scalable framework to address cyber threats to the electrical grid in the context of digitalization, scalable to other cities and infrastructures, and assess economic resilience at city level. Join us in congratulating the Fudan University and ZHAW Switzerland and find out more about their projects and how to apply to future rounds here: https://ow.ly/3qGu50THxCM Christoph Nabholz, Nikhil da Victoria Lobo, Julia d'Astorg