Risk insights and digital tools
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Further Information
Natural hazard analysis insights
Access Swiss Re's comprehensive assessments of natural hazard exposures, available 24/7 for any location in the world. Analyse single locations or entire portfolios by combining hazard, loss, and insurance information with selected background maps and satellite imagery. Use maps and data about climate change, catastrophic event impact, population density and more to support your daily work. Access is flexible and available through a web-based interface, various platforms, integration through APIs into your own internal landscape, or bespoke reports.
Tailored climate and sustainability risk assessments
Public entities play an important role in country/government-wide strategies to deliver on global commitments and to contribute to a resilient future. Through our insights we can help you quantify physical and transition risks related to climate change as a pre-requisite to understand and manage them.
Our tailored risk assessments offer you a new and unique way to translate resilience related risks into actionable insights. With access to climate risk scenarios up to 2080 our inputs can help you evaluate potential financial impacts and track progress against goals.
Risk consulting and analysis
Gain a distinct advantage when it comes to risk insights by using our data analytics capabilities either through risk consulting or access to a suite of off-the-shelf tools. A deep understanding of risk is a distinct part of Swiss Re's DNA. We leverage our global footprint, in-depth expertise of insurance, broad access to data, and state-of-the-art data science capabilities. Whether you are looking to develop risk level pricing, enhance your risk insights when it comes to public asset portfolios, or build a digital public asset inventory, we can share our global expertise and professionally assist you in these endeavours.
Rapid damage assessment
Rapid Damage Assessment (RDA) is an intuitive platform for catastrophe claims managers and loss adjustors to help them make faster and smarter claims decisions during a natural catastrophe event. RDA provides pre and post catastrophe damage insights using hazard models and artificial intelligence on aerial imagery to draw conclusions, make predictions, and assist in decision-making.
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Swiss Re has a suite of risk insight tools that we continuously develop as our client needs evolve and data sets become available.
Further Information
Canada: Natural hazard analysis
Addressing flood hazard knowledge gap
Flooding is the most common and costly natural hazard in Canada, causing billions in direct damage to dwellings, property and infrastructure, and affecting thousands of Canadians each year.
With the frequency and severity of these natural disasters expected to increase under climate change, Public Safety Canada initiated an open procurement process to license flood hazard information for all of Canada. Flood risk intelligence firm, Fathom (part of Swiss Re), and catastrophe model developer Aon's Impact Forecasting, has been chosen by Public Safety Canada to enhance its understanding of flood hazard across Canada.
Fathom will provide the Government of Canada with a flood hazard dataset that depicts flood extents and depths for a number of return periods, flood generating mechanisms, and climate change scenarios.
Learn more about this flood hazard analysis project.
EMEA: Analytics for export credit agency
Delivering a long-term transition risk assessment for energy projects
Energy projects impact the long-term energy mix of host countries. A key objective for export credit agencies (ECAs) is to ensure that the energy projects they support comply with the requirements of, for example, the Paris Agreement, which requires in-depth knowledge of country-specific commitments and scenarios. Risk mitigation is a challenge, as the client must assess whether the projects are economically viable based on carbon shadow prices. In addition, gathering and analysing the data from ground-up is difficult and time-consuming.
Swiss Re’s expertise on climate and sustainability for the insurance industry was combined with our expertise in quantitative analysis to deliver analytics consulting services to an EMEA-based ECA. The services include the integration of large global data sources on climate, energy and economic trends and can be enriched with proprietary CO2 emission models, also leveraged for managing our own business. A detailed report was provided for each assessed project as well as the corresponding market, looking into the CO2 emission profile of the project and alignment with a country’s emission targets.
Learn more about this transition risk assessment for an European export credit agency.
Australia: Climate solutions for local government
Providing tools and insights to help local councils prioritise risk assessment
The Australian state local government mutual exists to help their member councils proactively manage liability, asset and workers’ compensation exposures whilst ensuring stability and sustainability of cost over the long term. This includes the need to prepare members for the increasing cost and impact of natural catastrophe events and develop a climate resilience strategy. The state membership group is spread over 1.8 million km² of diverse landscape, with exposure to significant cyclone, flood and heat risk.
By combining various Swiss Re in-house models, tools and disciplines, a modular package was created to provide:
- A portfolio analysis of climate change impacts, including qualitative risk assessment of multiple hazards (such as tropical cyclone, flooding, heatwave and bushfire) in present and future climate scenarios.
- A summary of the financial implications – quantitative risk assessment in present and future climate scenarios.
- An interactive, user-friendly platform for immediate data visualisation.
- A suite of climate risks reports for each local council.
Learn more about this risk consulting project.