Munich Reinsurance Company of Canada
© 2018 (2018 (Photographer) - [None]

Natural Catastrophes

Our challenges

Risks posed by natural disasters

Economic losses caused by natural catastrophes are trending upwards

Each year across the world, natural catastrophes destroy assets running into multiple billions. Often, only a tiny proportion of this damage is insured. While the insurance gap has diminished in recent years in industrialised countries, there is still a considerable gulf in developing and emerging countries. It is often the case there that individuals and companies affected by a catastrophe have to carry on regardless and are forced to rely on donations from their own country or abroad. 

We use cookies on our websites to improve your experience as an internet user, and to optimise our online services. They comprise cookies that are required for technical purposes, and without which the website functionality could not be guaranteed. We also employ cookies to carry out statistical evaluations of the reach of our websites. These evaluations are anonymised. You can find further information on the cookies we use, and ways to object to the use of cookies for statistical evaluations, in our cookie guidelines.