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.
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17.30 |
Registration |
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18.00 |
Moderators
Panelists
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19.30 |
Networking and refreshments |
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Pankaj Kumal BasalAdditional Secretary to Government, Health and Family Welfare Department & Project Director, Tamil Nadu Health System Project |
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Darío LunaHead of Insurance, Pensions and Social Security Units, Ministry of Finance, Mexico |
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Ivo MenzingerHead Asia & Emerging Markets Strategy, Swiss Re |
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Reto SchnarwilerHead Americas & EMEA, Global Partnerships, Swiss Re |
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Dang The VinhDeputy CEO, Vietnam National Reinsurance Corporation (VinaRe) |
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Simon YoungChief Executive Officer, Caribbean Risk Managers Ltd (CaribRM) |
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.
Societies are becoming more vulnerable as the risks they face become more interconnected