Insurers not only assume risks that cannot be borne by individuals and/or corporations. They are also major employers, taxpayers and investors and, as such, of great importance for the economy.
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Why can’t a pandemic be insured by private insurers alone? Our latest explanatory video shows the reasons.
The Swiss government is currently working on a ‘pool solution’ to cushion the economic impact of future pandemics. Ivo Menzinger has worked on the possible structures for the solution.
Population growth, global mobility or ecological changes increase the risk of pandemics. Is pandemic risk insurable? The answer is, only with governance participation.
Our lives in 2020 are dominated by the corona crisis. Nonetheless, sustainability and reform of the pension system remain central challenges that we must continue to address.
The need for safety is a fundamental human need. The Swiss are a very safety-minded nation, spending more money on insurance than any other.
Risks that individuals or corporations cannot or will not bear themselves, are being transferred to insurers which subsequently cover eventual losses.
Switzerland counts 205 non-life, life and re-insurers with some 50,000 employees.