Public-private insurance programmes must boost risk reduction to keep disasters insurable, finds Geneva Association report
ZURICH, 5 February 2026 – From floods and fires to cyberattacks and pandemics, natural and man-made disasters are becoming more frequent, more costly, and harder to absorb – exposing the limits of traditional insurance and post-crisis government relief. With uninsured losses mounting and public budgets under strain, policymakers and industry leaders face an urgent question: how can societies maintain affordable, reliable protection as disaster risks intensify?