Financing the growing costs of disasters

Reto Schnarwiler, head of global partnerships for Swiss Re, Americas and EMEA says that a lack of insurance and the growing costs of disasters are hitting individuals and governments hard. He explores how government partnerships with insurers can help mitigate losses.

Each year features more headlines about deadly and devastating catastrophes in different parts of the world, whether it is earthquakes in Japan, Chile, Haiti or New Zealand, flooding in Pakistan and