Building resilient infrastructure and advancing the net-zero transition

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Building resilient infrastructure and advancing the net-zero transition

Managing risks associated with infrastructure projects and supporting a resilient future

The challenge Advancing the transition to a low-carbon economy

The transition to a low-carbon economy rests on the development of resilient and sustainable infrastructure. With infrastructure being responsible for 79% of all greenhouse gas emissions¹, investing in infrastructure that adapts to future uncertain climate conditions is critical to achieving the Paris Agreement and the Sustainable Development Goals.

Infrastructure helps improve people’s quality of life and reduces inequalities by supporting connectivity and fostering change for the better. But infrastructure projects are costly and must consider economic, environmental and social impacts to make a positive impact. To ensure that our infrastructure stands on a sustainable footing two main challenges are to be met: the infrastructure funding gap and finding climate risk sustainable alternatives to reducing carbon emissions.

(Re)insurance can act as driver for sustainable infrastructure investments. We can play a crucial role in realising your complex projects and thereby help constructing a resilient future.

  • Reduce risk

    We help to reduce risk for your infrastructure project at the planning stage, to make complex projects a reality.​

  • Expert insight

    Leverage our 160 years’ of global experience, and proven risk expertise, to manage risk exposure for critical infrastructure.​

  • Reliable recovery

    We can support the recovery and restoration of infrastructure after a disaster using our robust financial backing.​

The infrastructure gap

  • 15 trillion
    Description
    By 2040, it is estimated that the infrastructure financing gap is nearly USD 15 trillion, to support the needs of a growing population².
  • > 1 billion
    Description
    Nearly one billion are without electricity. Infrastructure is essential in closing the access gap³.

How we can help Tailored solutions and expertise

We can support infrastructure projects at every step. Whether you need insurance as a prerequisite for project financing or to retrofit existing infrastructure or you need support in managing the risks associated with a renewable energy project, we can help. As your partner, we offer you tailored insurance solutions to de-risk infrastructure projects and enhance their bankability. We also provide risk advisory services and actionable risk insights, leveraging our deep risk knowledge, data science capabilities, and state-of-the-art technology.

Further Information

Risk transfer

Infrastructure projects require huge upfront investments for design and construction as well as for ongoing operation and maintenance. They involve potential risks and financial liabilities throughout their project life cycle and along the entire value chain. As a leading risk taker, we aim to mitigate infrastructure risks for public and private investors, contractors and operators.

It is our ambition to provide you with tailored risk transfer solutions – including, for example, traditional indemnity-based as well as parametric insurance solutions – to manage the unique aspects and risks of your infrastructure project. As your partner, we can stay involved throughout the whole life cycle of infrastructure projects.

Risk advisory

For more than 40 years, Swiss Re has provided risk engineering services to private and public entities. Our Risk Engineering Services Team can provide bespoke advisory and support to support planning and investment decisions. Swiss Re risk engineers perform on-site or desktop assessments. They are drawn from a pool of in-house risk specialists based on their sectoral expertise and are also used in-house to assess existing and new risks within Swiss Re’s re/insurance portfolio.

Risk insights

In an ever-evolving risk landscape, public sector entities are exposed to a myriad of risks and challenges when disasters strike. With our risk insights and digital solutions we help you better understand your exposure to various risks and support you in addressing them effectively. Public Sector Solutions is a division of the Swiss Re Group. We leverage our access to a diverse pool of in-house risk experts, high-quality data, and proprietary tools to create unique value for you.

De-risking transport infrastructure projects in India

Discover India's plans to develop world-class infrastructure through initiatives like the National Infrastructure Pipeline (NIP) and National Monetisation Pipeline (NMP). Gain insights into effective risk management strategies to accelerate project development, enhance risk profiles, and foster public-private partnerships (PPP).

Discover Infrastructure resilience

Case studies Our expertise in action

  • The re/insurance industry has a role to play. Insurers have expertise in assessing, absorbing and transforming risk to encourage innovation in bringing more renewable projects online.

Further Information

renewable energy black icon

North Sea: Construction and liability coverage

Connecting offshore wind energy to the grid in northwestern Europe

Swiss Re insured the construction of Hollandse Kust Noord, a 700MW offshore grid connection completed in 2023, which will help transmit wind energy to one million households in the Netherlands. This insurance is part of Swiss Re’s broader support of Europe’s leading transmission system operator (TSO), TenneT, providing construction and operational risk cover for the supply of offshore wind energy. This includes cover for large interconnectors at sea, cables and high-voltage substations required to connect the offshore wind farms in the North Sea to the grid on land, in the Netherlands and parts of Germany. By insuring such projects, Swiss Re facilitates electricity supply to over 40 million people residing in the region served by TenneT.

Nepal: Parametric earthquake coverage

Enabling infrastructure investment with an innovative risk transfer solution

De-risking the investment in renewable energy for a country exposed to earthquake risk and power shortages, in collaboration with local utilities agencies and the lead lender, the International Finance Corporation, which syndicated the funding of the project.

Learn more about the Nepal earthquake cover.
 

Renewable energy - wind icon windmill black

Philippines: Reinsurance cover for construction and operation

Supporting the energy transition in the Philippines

Swiss Re offers a full range of risk transfer capabilities for a variety of renewable energy projects in the Philippines. In 2023, Swiss Re provided reinsurance cover for the construction and/or operation of over 20 wind farms, solar farms and battery energy storage systems, which enhance grid flexibility, thus enabling further integration of renewable energy sources into the country’s energy supply. Through these projects, Swiss Re supports the Philippine government’s goal to expand the country’s renewable energy capacity.

Contact us Interested in finding out more? Get in touch to learn how we can work together.

RELATED PUBLIC SECTOR NEEDS

RELATED PUBLIC SECTOR NEEDS

Further Information