Risk Talk

Risk Talk on public-private partnerships to finance catastrophic risks in India, Vietnam, Mexico and the Caribbean

30 Aug 2012

Organised by: Swiss Reinsurance Company Ltd

Information

The Risk Talk series organised by the Swiss Re Centre for Global Dialogue brings together international experts and practitioners to discuss current and future economic, political and societal risks as well as opportunities.

The costs of natural disasters, agricultural shortfalls and health risks represent a growing burden for governments and societies, particularly in developing countries and emerging economies. Governments are increasingly concerned about the costs of these risks and have started to take a closer look at new forms of risk financing.

The governments of India, Vietnam, Mexico and the Caribbean are leaders in implementing new insurance solutions on both the macro and micro insurance levels in collaboration with the private sector, as a means to protect public budgets and those of low-income households alike. Representatives from these countries will discuss how these kinds of public-private partnerships contribute to making their societies more resilient, sharing first-hand insights and experiences.

The discussion will be moderated by Ivo Menzinger, Head Asia & Emerging Markets Strategy, Global Partnerships, Swiss Re and Reto Schnarwiler, Head Americas & EMEA, Global Partnerships, Swiss Re.

 

This event will be broadcasted live, photographed, videotaped, filmed and/ or recorded. A summary of the event, pictures and/or a video of the event in which you may appear may be posted and made available on Swiss Re’s and the Swiss Re Centre for Global Dialogue’s internal and external websites and in printed materials.

Agenda

17.30

Registration

18.00

Moderators

  • Ivo Menzinger, Head Asia & EM Strategy, Global Partnerships, Swiss Re
  • Reto Schnarwiler, Head Americas & EMEA, Global Partnerships, Swiss Re

Panelists

  • Dario Luna, Head of Insurance, Pensions and Social Security Units, Ministry of Finance, Mexico
  • Pankaj Bansal, Additional Secretary to Government, Health and Family Welfare Department & Project Director, Tamil Nadu Health System Project
  • Simon Young, CEO, Caribbean Risk Managers Ltd (CaribRM)
  • Dang The Vinh, Deputy CEO, Vietnam National Reinsurance Corporation (VinaRe)

19.30

Networking and refreshments


This event will be broadcasted live, photographed, videotaped, filmed and/ or recorded. A summary of the event, pictures and/or a video of the event in which you may appear may be posted and made available on Swiss Re’s and the Swiss Re Centre for Global Dialogue’s internal and external websites and in printed materials.

Speakers

Pankaj Basal

Pankaj Kumal Basal

Additional Secretary to Government, Health and Family Welfare Department & Project Director, Tamil Nadu Health System Project


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Dario Luna

Darío Luna

Head of Insurance, Pensions and Social Security Units, Ministry of Finance, Mexico


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Ivo Menzinger

Ivo Menzinger

Head Asia & Emerging Markets Strategy, Swiss Re


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Reto Schnarwiler

Reto Schnarwiler

Head Americas & EMEA, Global Partnerships, Swiss Re


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Dang The Vinh

Dang The Vinh

Deputy CEO, Vietnam National Reinsurance Corporation (VinaRe)


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Simon Young

Simon Young

Chief Executive Officer, Caribbean Risk Managers Ltd (CaribRM)


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Summary

A genuine win-win? How public-private partnerships can improve societies' risk management

With a number of online participants, an audience gathered at the Swiss Re Centre for Global Dialogue to hear an expert panel discuss the benefits of private and public sector cooperation in seeking risk solutions.

Natural catastrophes have always been with us. They are becoming more costly. As economies grow, and particularly as urban areas expand, the concentrations of wealth and people exposed to natural disasters increases. Moreover, as the effects of climate change become more embedded, adverse weather conditions are likely to become more frequent.

2011 set records for damages caused as a result of natural catastrophes, over USD 350 billion in total economic losses, together with multiple loss of life. The major disasters included the earthquake and subsequent tsunami off the North East coast of Japan; the Christchurch earthquake in New Zealand; and the huge floods in Thailand.

To read the entire summary, please click here.

Reto Schnarwiler, Head Americas & EMEA, Global Partnerships, Swiss Re

Reto Schnarwiler

Panel discussion witch Dario Luna, Pankaj Bansal, Dang The Vinh, moderated by Ivo Menzinger

Panel discussion
Closing the financial gap

Closing the financial gap

Public-private innovations in disaster risk financing

Country risk management: Making societies more resilient

Country risk management: Making societies more resilient

Societies are becoming more vulnerable as the risks they face become more interconnected

Special edition on EM

RDM special edition 2012

Emerging Markets