NU Online News Service, Jan. 27, 2:40 p.m. EST
Public-private partnership solutions can substantially ease the financial burden natural disasters put on government budgets as evidence mounts that the burden is growing beyond some nations' abilities to pay, according to a report from Swiss Re.
In its report, "Closing the Financial Gap," the Zurich-based insurer noted that the economic costs of natural catastrophes have risen from an average $25 billion annually in the 1980s to $130 billion in the 2000s.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
