23 May 2019 Video Oceans & seas

Insurance for coral reefs in the Mesoamerican Reef

A new type of insurance to protect coral reefs has been announced at the 2018 World Ocean Summit in Mexico. Swiss Re is proud to have supported the design of this new product which will not only help the conservation and swift restoration of the reef, if damaged by a major hurricane, but it will also support the economic resilience of the region and offers an opportunity to create a scalable new market for the insurance industry itself.