Swiss Re Institute has released its fifth resilience sigma report titled Restoring Resilience: The Need to Reload Shock-Absorbing Capacity.
The report highlights the escalating global protection gaps in natural catastrophes, crop, mortality, and health insurance, which now demand a staggering $1.8 trillion in annual insurance premiums—a record high. Over the past five years, these protection gaps have surged by 20%, propelled by growing economic demands and the impact of inflation.
